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An interbank AUD dealer is long 10 million AUD/USD at 0.5120. He subsequently sold 5 million AUD at 0.5160 and finally squared his position at
An interbank AUD dealer is long 10 million AUD/USD at 0.5120. He subsequently sold 5 million AUD at 0.5160 and finally squared his position at 0.5075. Using USD/MYR rate of 4.0530, determine the profit/ loss from these transactions in MYR.
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