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Solve for the following a ) The following information is provided by Aurora Borealis Advisors. There are several different exchange rate circumstances for currency transaction.
Solve for the following
a The following information is provided by Aurora Borealis Advisors. There are several
different exchange rate circumstances for currency transaction.
You are required to show your workings based on the given information of the
currency exchange rates.
i Calculate the outright rates of RM per AUD at days.
ii Compute month forward bid outright RM per JOD.
iii Compute the percentage spread on the spot AUD per JOD quotation.
iv Determine bid and ask rates of AUD per JOD in days.
v Calculate month annualized premium discount of AUD in JOD.
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