pot (28 October 2018) 1.1017/18 4.2200/699 1.3917/87 1 Month 473/492 74/119 106/138 2 Month 103/106 152/202 225/285 3 Month -187/+187 278/228 36/42 The following rates are quoted by banks as at 28 October 2018. Based on the above rates, calculate the following (assume no margins or charges are imposed and all exchange controls/regulations are complied with): b. Quoting bank buys SGD/MYR fixed three month delivery.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 6MC: Prior to adjustments, Barrett Companys account balances at December 31, 2019, for Accounts...
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pot (28 October 2018)

1.1017/18

4.2200/699

1.3917/87

1 Month

473/492

74/119

106/138

2 Month

103/106

152/202

225/285

3 Month

-187/+187

278/228

36/42

The following rates are quoted by banks as at 28 October 2018.
Based on the above rates, calculate the following (assume no margins or charges are
imposed and all exchange controls/regulations are complied with):

b. Quoting bank buys SGD/MYR fixed three month delivery. 

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