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If you have $1,000,000 but you have to use it in the next 6 months. SPOT RATE 1$ = 30.50-31 6MTH SPOT RATE 1$ =

If you have $1,000,000 but you have to use it in the next 6 months.

SPOT RATE 1$ = 30.50-31

6MTH SPOT RATE 1$ = 32-33

6MTH FORWARD RATE 1$ = 31.50-32 Thai Interest Rate = 3%

US Interest Rate = 1%

2.1 What should you do to gain the profit? 2.2 What should be the 6th month spot rate?

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