Q1. Give THREE (3) interpretations of the meaning of 1 month USD/SGD of 110 / 100

Q2. List FOUR (4) types of Forward FX Contracts offered by banking institutions in Malaysia.

Q3. You call Maybank KL and ask for a 3-months GBP/USD rate. Maybank KL replies "1.4850/60"

i. Explain what can you do at 1.4850?

ii. Explain what can Maybank KL do at 1.4860?

iii. At what rate can you sell 3-months USD to Maybank KL?

Please refer to the following rates to answer questions Q4 to Q7.

	USD/MYR	AUD/MYR	JPY/MYR	GBP/MYR
SPOT	3.6080 / 30	2.3635 / 45	3.9780 / 80	5.1560 / 10
1 MTH	45/65	55 / 25	35 / 115	15 / 105
3 MTHS	55/95	125 / 35	100 / 210	25 / 150
6 MTHS	40/95	220 / 110	175 / 315	Par / 160

Q4. Interpret the meaning of GBP/MYR 5.1560/10

Q5. Interpret the meaning of 3-months AUD/MYR 125/35

Q7. Interpret the meaning of 6-months JPY/MYR 175/315

Q8. Show how to compute the outright bid and offer rate of 6-months forward GBP/MYR?