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3. Marco does not believe that PPP holds. He plans to use the following information to identify the currency that would provide the profit opportunity.

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3. Marco does not believe that PPP holds. He plans to use the following information to identify the currency that would provide the profit opportunity. Identify the currency and explain the profit opportunity? Country Spot Rate as of Today One-Year Inflation Rate Percentage Change in the Value of Currency over 1 year Brunei THB22.9722/BND 2.25% -0.24% Malaysia THB7.5954/MYR 1.75% +0.25% Indonesia THB0.0022/IDR 3.50% +1.45% Thailand 2.00% 3. Marco does not believe that PPP holds. He plans to use the following information to identify the currency that would provide the profit opportunity. Identify the currency and explain the profit opportunity? Country Spot Rate as of Today One-Year Inflation Rate Percentage Change in the Value of Currency over 1 year Brunei THB22.9722/BND 2.25% -0.24% Malaysia THB7.5954/MYR 1.75% +0.25% Indonesia THB0.0022/IDR 3.50% +1.45% Thailand 2.00%

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