Currency Exchange Rates Value of Malaysian Ringgit (RM) in Australian Dollar Maturity Value of Jordanian Dinar (JOD) in

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Currency Exchange Rates Value Of Malaysian Ringgit Rm In Australian Dollar Maturity Value Of Jordanian Dinar Jod In 1 (52.38 KiB) Viewed 31 times

Currency Exchange Rates Value of Malaysian Ringgit (RM) in Australian Dollar Maturity Value of Jordanian Dinar (JOD) in Malaysian Ringgit (AUD) (RM) Bid Ask Bid Ask 4.3000 0.4000 0.5000 4.2000 Spot 30-day 20/10 10/20 60-day 15/25 25/15 Three-Month Interest Rates (Percent) Jordan Malaysia 3.0 Australia 3.5 2.5 You are required to show your workings based on the given information of the currency exchange rates. (9 marks) i) Calculate the outright rates of RM per AUD at 30 days. ii) Compute 2-month forward bid outright RM per JOD. iii) Compute the percentage spread on the spot AUD per JOD quotation. iv) Determine bid and ask rates of AUD per JOD in 90 days. v) Calculate 3-month annualized premium (discount) of AUD in JOD.