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please help with the attached finance investment question Clayton Moore's Money Fund. Clayton Moore is the manager of an international money market fund managed out

please help with the attached finance investment question

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Clayton Moore's Money Fund. Clayton Moore is the manager of an international money market fund managed out of London Unlike many money funds that guarantee their investors a near risk-free investment with variable interest earnings, Clayton Moore's fund is a very aggressive fund that searches out relatively high-interest earnings around the globe, but at some risk The fund is pound-denominated Clayton is currently evaluating a rather interesting opportunity in Malaysia Since the Asian Crisis of 1997 the Malaysian government enforced a number of currency and capital restrictions to protect and preserve the value of the Malaysian ringgit. The nnggit was fixed to the US dollar al RM3 80/8 for seven years in 2005, the Malaysian government allowed the currency to float against several major currencies The current spol rate today is RM3. 13489 / $ Local currency time deposits of 180-day maturities are earning 8 898% per annum The London eurocurrency market for pounds is yielding 4 198% per annum on similar 180-day matunities. The current spot rate on the British pound is S1 5824/ and the 180-day forward rate is S1 5558 / . The initial investment is 1 125,000 00 The investment proceeds from the initial investment is (Round to two decimal places)

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