= 1. If the spot rate is 1$ = 30 baht, the interest rate in Thai is 7% and the interest rate in U.S. is 3% what should be the future exchange rate? 2. If you have $1,000,000 but you have to use it in the next 6 months. SPOT RATE 1$ = 30.50-31 B 6MTH SPOT RATE 1$ = 32-33 B 6MTH FORWARD RATE 1$ = 31.50-32 B Thai Interest Rate = 3% US Interest Rate = 1% 2.1 What should you do to gain the profit? 2.2 What should be the 6th month spot rate