If you have $1,000,000 but you have to use it in the next 6 months. SPOT RATE 1S = XXXXXXXXXXB 6MTH SPOT RATE 15 = 32-33 B 6MTH FORWARD RATE 1$ XXXXXXXXXXB Thai Interest Rate =3% US Interest Rate = 1%...

If you have $1,000,000 but you have to use it in the next 6 months.

SPOT RATE 1S =30.50-31 B

6MTH SPOT RATE 15 = 32-33 B

6MTH FORWARD RATE 1$ -31.50-32 B

Thai Interest Rate =3%

US Interest Rate = 1%

2.1 What should you do to gain the profit?

2.2 What should be the 6' month spot rate?