QUESTION 4 A foreign exchange trader gives the following quotes for the MYR spot, one-month, three-month and six-month to a Malaysian based Chief Financial Officer (CFO). MYR4.6926/- MYR4.6930/ Forwarde Pointe 1 month 6/42 3 month 8/9 6 month 11/14 a) Calculate the outright quotes for one, three and six month. b) If the CFO wished to buy 10,000 three months forward, how much would the CFO pay in MYR? c) Assume that the Euros () are being sold by the treasurer, what is the premium or discount, for the one, three and six month forward rates in annual percentage terms? Please state clearly which currency is trading at a forward premium of one, three and six months respectively