1. Which of the following assesses overall returns over multiple periods based on compounding period-by-period returns?

Arithmetic average returns

Geometrics average returns

Dollar-weighted average returns

Single period holding period returns

2. The idea that the future exchange rate is expected to be the same as the current exchange rate, unless new information is available to the market, is representative of a(n) ....... approach to the foreign exchange rates forecasting.

A. Technical

B. Fundamental

C. Efficient Market

D. Monetary