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If Bank Malaysia quotes MYR/IDR as 2884.00 is MYR over-priced or under-priced at the bank. Explain briefly? (4 marks) If you have MYR100,000 now, exchange

If Bank Malaysia quotes MYR/IDR as 2884.00 is MYR over-priced or under-priced at the bank. Explain briefly?

(4 marks)

If you have MYR100,000 now, exchange rate EGP/MYR = 0.2650 and MYR/IDR as 2F884.00state clearly how would you carry a single round trip of a profitable triangular arbitrage. Compute the absolute profit/ loss (to a 2 decimal points) from this arbitrage.

(10marks)

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