Clayton Moore's Money Fund. Clayton Moore is the managar of an intemational money market fund managed out of London. Unike many money funds that gavantee their investors a near risk-tree investment with variable intarest eamings, Clayton Moore's fund is a very aggressive fund that searches out relatively high-intorest eamings around the globe, but at some rik. The fund is pound-denominated, Cayton is currently evaluating a rather interesting opportunity in Malaysia. Sinoe the Asian Crisis of 1997, the Malaysian govermmert enfortod a number of curtency and currency to foot againt several major currencles. The current spok rate today is RM3,13488/5. Local currency time deposits of t80-day maturities are eaming 8.903 \% por annum. The London eurocurrancy market for pounds is yelding 4.205\% per annum on similar 180 -day maturties. The current spot rate on the British pound is $1.5817/E, and the 180 -day forward mate is 51.5857/2. The initial investment is f1,100,000,00. The imvestment proceeds from ehe initial investment is I (Round to two decimal places) The return on the 180-day investmant is 6. (Round to three decimal places:) If Clayton Moore invests in the Malaysian ringgit deposit, and accopts the uncovered risk associatod with the RMS exchanoe rate (managed by the govemment), and sely the dellar procends forsard, he should expect a retum of \% on his 180-day pound investment. This is than the * per annum he can earn in the euro-pound makket. (Round the percentage to thres desimal places and select from the drop-down menus.)