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QUESTION 2 When the Ringgit spot rate was quoted at MYR4.6929/ in Paris, the Paris market was also quoting $1.1100/. a) What should the price

QUESTION 2 When the Ringgit spot rate was quoted at MYR4.6929/ in Paris, the Paris market was also quoting $1.1100/. a) What should the price be the dollar be in Kuala Lumpur? b) If dollar was quoted at MYR4.3100/$ in Kuala Lumpur, what profit opportunities would exists? Assume that you have an option to use RM10,000 or $10,000 for foreign exchange trading

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