Recently, your MNE in Malaysia has just bought fabrics from a U.S. company, with payment of $1

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Recently, your MNE in Malaysia has just bought

fabrics from a U.S. company, with payment of $1 million due in 6 months.

Assuming today is 20 March 2020, given the current spot rate (MYR/USD)

quoted in the above newspaper article, the six-month forward rate is MYR/USD

4.4252-4270, and you expect the spot rate to reach MYR/USD 4.4340-4357 in

six months, calculate the implicit gains or losses on this position in MYR.

Posted Date: May 19, 2024 07:08 PM

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Recently, your MNE in Malaysia has just bought fabrics from a U.S. company, with payment of $1

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