QUESTION 1 a) You are given the following quotes: Quoted Price Value of Singapore dollar Value of Canadian dollar (SGD) in Ringgit (MYR) (CAD) in Ringgit (MYR) Spot Rate 3.0215/70 3.1428/62 30-day forward 75/65 55/45 60-day forward 70/80 60/70 Country Rate Three months Malaysia 15% interest rate per Canada 10% annum Singapore 20% Calculate: i) the 30-day forward outright of Canadian dollar in Ringgit (2 marks) f) the 90-day forward outright of Singapore dollar in Ringgit (2 marks) ii) the amount of SGD if you receive RM10,000 for delivery in 3-months' time. (3 marks) iv) the amount you receive in Ringgit, if your bank credits SGD5,000 in your account in one month's time. (2 marks) v) the amount in Canadian dollar (CAD) if the bank needs RM10,000 in 2 months' time