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You can borrow USD50,000.00. You found out the interest rate in Malaysia is 11% p.a. and in US is 12% p.a.. At present, the exchange

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You can borrow USD50,000.00. You found out the interest rate in Malaysia is 11% p.a. and in US is 12% p.a.. At present, the exchange rate of MYR/USD is 0.2455 and the three month forward is 0.2458 . If the exchange rate in three months' time is 0.2457 , how much would your interest arbitrage profit or loss be? (Show all the possible workings)

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