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QUESTION 6 - DEC 2019 (QUESTION 2(b)) Below are the Kuala Lumpur market quotation of spot 1-month and 3-month rate for MYR/BND and MYR/CAD. Spot

QUESTION 6 - DEC 2019 (QUESTION 2(b)) Below are the Kuala Lumpur market quotation of spot 1-month and 3-month rate for MYR/BND and MYR/CAD. Spot MYR2.9380/2.9370/BND MYR3.0490/3.0950/CAD 1-month forward 30/40 65/50 Interest rate Malaysia Brunei Canada Three months 29 1.2% 2.6% Calculate the: i 3-month forward outright rates for the BND and CAD quotations. ii. Spot percentage bid-ask spread for MYR/BND and MYR/CAD. iii. Annualized bid offer 1-month forward percentage for MYR/BND and MYR/CAD. The amount paid to buy CAD530,000 delivery in 3-months' time Spot cross rate of BND per unit of CAD. iv. QUESTION 6 - DEC 2019 (QUESTION 2(b)) Below are the Kuala Lumpur market quotation of spot 1-month and 3-month rate for MYR/BND and MYR/CAD. Spot MYR2.9380/2.9370/BND MYR3.0490/3.0950/CAD 1-month forward 30/40 65/50 Interest rate Malaysia Brunei Canada Three months 29 1.2% 2.6% Calculate the: i 3-month forward outright rates for the BND and CAD quotations. ii. Spot percentage bid-ask spread for MYR/BND and MYR/CAD. iii. Annualized bid offer 1-month forward percentage for MYR/BND and MYR/CAD. The amount paid to buy CAD530,000 delivery in 3-months' time Spot cross rate of BND per unit of CAD. iv

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