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Q. In Malaysia, the spot exchange rate is quoted at RM3.1000/20US$ and RM3.8500/15/ If the /RM spot rate were quoted at 0.2602/24/RM in Germany, determine

Q. In Malaysia, the spot exchange rate is quoted at RM3.1000/20US$ and RM3.8500/15/

If the /RM spot rate were quoted at 0.2602/24/RM in Germany, determine the ways an arbitrageur trade in order to make profit. (Note: Show all calculation) (6 marks)

Note: Please do it in MS Word

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