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As a Malaysia-based investor, you have MYR100,000 to invest for 6 months either in Malaysia at 6% per annum or United States at 3% per

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As a Malaysia-based investor, you have MYR100,000 to invest for 6 months either in Malaysia at 6% per annum or United States at 3% per annum. The current spot rate is MYR 4.3215/USD and 6-month forward rate is MYR4.3420/USD. Does interest rate parity exist? Where should you invest

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