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The spot rate for the MYR is MYR4.6926/ and the three-month forward rate is MYR4.6936/ . Your company is prepared to speculate that the MYR

The spot rate for the MYR is MYR4.6926/ and the three-month forward rate is MYR4.6936/ . Your company is prepared to speculate that the MYR will move to MYR4.6976/ by the end of three months. If your company is prepared to put MYR 1 million at risk on the deal. show how would you strategize to help your firm to make profit. Ignore all interest rate implications.

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