Question
You have called your foreign exchange dealer in Malaysia and asked for quotations on the Singapore dollars spot, 1-month and 3-month. The dealer has responded
You have called your foreign exchange dealer in Malaysia and asked for quotations on the
Singapore dollars spot, 1-month and 3-month. The dealer has responded with the
following:-
RM / SG$
2.4230/80
95/70
85/100
RM /
4.9820/65
35/15
60/40
i.
How many Ringgit Malaysia (RM) would you pay to buy SGS$1,500,000 today?
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
