5-5b the questions is the second picture, please answer all questions
Clayton Moore's Money Fund. Clayton Moore is the manager of an international money market tund managed out of tondon. Unike many money funds that guarantoe their investors a near risk-free investment with variable interest earnings, Clayton Moore's fund is a very aggressive fund that searches out relatively high-interest eamings around the globe, but at some risk. The fund is pound-denominatod. Clayton is currenty evaluating a rather interesting opportunity in Malaysia. Sinco the Asian Crisis of 1997 , the Malaysian government enforced a number of currency and capial restrictions to protect and peeserve the value of the Malaysian ringga. The ringgit was fixed to the U.S. dollar at RMB 80.5 for seven years. In 2005, the Malaysian government allowed the currency to float against several major currencies. The current spot rate loday is RMB.13485/5. Local currency time deposits of 180 -day maturitios are earning 8904% per annum The London eurocurrency market for pounds is yielding 4196% per annum on similat 180 -day maturities. The current spot rate on the British pound is $15816/f, and the 180 -day forward rate is $15563/L. The intial investment is E1,150,000,00 The imvestment proceeds from the initial inwestment is I (Round to hwo decinal places) The investment proceeds from the initial investment is f (Round to two decimal places.) The retum on the 180-day investment is 6. (Round to three decimal places.) If Clayton Moore inwests in the Malayslan ringgit deposit, and accepts the uncovered risk assoclated with the RM/s exchange rate (managed by the government). and solls the dollat proceeds forward, he should expect a return of % on his 180 -day pound investment. This is (Round the porcentage to three decimal places and select from the drop-down menus) than the 5 per annum he can eam in the curo-pound market. Clayton Moore's Money Fund. Clayton Moore is the manager of an international money market tund managed out of tondon. Unike many money funds that guarantoe their investors a near risk-free investment with variable interest earnings, Clayton Moore's fund is a very aggressive fund that searches out relatively high-interest eamings around the globe, but at some risk. The fund is pound-denominatod. Clayton is currenty evaluating a rather interesting opportunity in Malaysia. Sinco the Asian Crisis of 1997 , the Malaysian government enforced a number of currency and capial restrictions to protect and peeserve the value of the Malaysian ringga. The ringgit was fixed to the U.S. dollar at RMB 80.5 for seven years. In 2005, the Malaysian government allowed the currency to float against several major currencies. The current spot rate loday is RMB.13485/5. Local currency time deposits of 180 -day maturitios are earning 8904% per annum The London eurocurrency market for pounds is yielding 4196% per annum on similat 180 -day maturities. The current spot rate on the British pound is $15816/f, and the 180 -day forward rate is $15563/L. The intial investment is E1,150,000,00 The imvestment proceeds from the initial inwestment is I (Round to hwo decinal places) The investment proceeds from the initial investment is f (Round to two decimal places.) The retum on the 180-day investment is 6. (Round to three decimal places.) If Clayton Moore inwests in the Malayslan ringgit deposit, and accepts the uncovered risk assoclated with the RM/s exchange rate (managed by the government). and solls the dollat proceeds forward, he should expect a return of % on his 180 -day pound investment. This is (Round the porcentage to three decimal places and select from the drop-down menus) than the 5 per annum he can eam in the curo-pound market
