this question was already solved by someone, but the answer might be wrong, so pls do this based on ur thought without only copying n pasting the existing answer in chegg

b) Mr Azfar called his dealer and asked for quotation the spot, 1 month and 3 month. The dealer responded the following: i) Calculate the forward outright rates for RM/USD for 1 month and 3 month. (4 marks) ii) Determine the annualized premium / discount for the forward rates in (i). (3 marks) iii) In your opinion, provide an expectation for the price of RM per f spot in Malaysia