Silicon Co.has forecasted the Canadian dollar for the most recent period to be $0.73.The realized value of the Canadian dollar in the most recent period was $0.80.Thus,the absolute forecast error as a percentage of the realized value was ______%.
A) 9.6
B) -9.6
C) 8.8
D) -8.8

Question

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The Answer of Silicon Co.has forecasted the Canadian dollar for the most recent period to be $0.73.The realized value of the Canadian dollar in the most recent period was $0.80.Thus,the absolute forecast error as a percentage of the realized value was ______%.
A) 9.6
B) -9.6
C) 8.8
D) -8.8