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4. As a trader for Goldman Sachs, you see the following prices from two different banks: . 1-year euro deposits/loans: 6.0%-6.125% p.a. . 1-year Malaysian

4. As a trader for Goldman Sachs, you see the following prices from two different banks: . 1-year euro deposits/loans: 6.0%-6.125% p.a. . 1-year Malaysian ringgit deposits/loans: 10.5% -10.625% p.a. Spot exchange rates: MYR4.6602EUR-MYR4.6622EUR . 1-year forward exchange rates: MYR4.9500EUR-MYR4.9650EUR The interest rates are quoted on a 360-day year. Can you do a covered interest arbitrage?
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4. As a trader for Goldman Sachs, you see the following prices from two different banks: - 1-year euro deposits/loans: 6.0%6.125% p.a. - 1-year Malaysian ringgit deposits/loans: 10.5\%-10.625\% pia. - Spot exchange rates: MYR4.6602EUR-MYRA.6622EUR - 1-year forward exchange rates: MYR4:9500EUR-MYR4.9650EUR The interest rates are quoted on a 360-day year. Can you do a covered interest arbitrage

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