Zorex Software Bhd is a fast-growing Malaysian company involved in the import and export of computer components with US. To minimize the foreign currency risk, Zorex Software uses the forward and money market to hedge its foreign currency exposure. The following transactions are due within the next three months. The company policy is to state all transactions in the specified currency.

Assume that it is now June.

Required:

1. Calculate the net Ringgit receipts/payments that Zorex Software might expect for its three-month transactions if the company hedges against foreign exchange risk on:

1. forward foreign exchange market. (10 marks)
2. the money markets. (10 marks) Please do it as soon as possible,thanks

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