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The following information is given: Spot rate RM/S$ : RM2.4565/4633 Spot rate RM/ : RM5.0323/0400 One month forward RM/S$ 10/90 One month forward RM/

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The following information is given: Spot rate RM/S$ : RM2.4565/4633 Spot rate RM/ : RM5.0323/0400 One month forward RM/S$ 10/90 One month forward RM/ : 20/85 Three months interest in Malaysia is 5.5%, in Singapore is 4.0% and in Italy is 3.5%. i) If you have RM570,250 today, determine how much S$ would you exchange with. (2 marks) ii) If you have 420,000 today, ascertain how mun ringgit would you exchange with. (2 marks) iii) Determine how many ringgit would you receive with S$300,000 for delivery in one month's time. (2 marks) iv) Determine how many would you receive with RM650,500 for delivery in three month's time. (2 marks)

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