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b) Based on the closing data as of 4th March 2022 on the both FBM KLCI and 3-month FKLI (June 2022), data must be obtained from the official website. Questions as follow: Additional information: 3% 3-month Treasury Bill Rate Dividend yield 1.5% p.a. i. Is arbitrage possible? Also, please indicate the strategy. (5 marks) ii. How would you prove to your client that the profit derived in part (b) is indeed riskless? (Show the computation if the spot index goes up by 20 points) (15 marks) c) What is the futures yield rate for 3-Month Kuala Lumpur Interbank Offered Rate (KLIBOR) Futures based the actual data as at the closing date of 4th March 2022? (2 marks) b) Based on the closing data as of 4th March 2022 on the both FBM KLCI and 3-month FKLI (June 2022), data must be obtained from the official website. Questions as follow: Additional information: 3% 3-month Treasury Bill Rate Dividend yield 1.5% p.a. i. Is arbitrage possible? Also, please indicate the strategy. (5 marks) ii. How would you prove to your client that the profit derived in part (b) is indeed riskless? (Show the computation if the spot index goes up by 20 points) (15 marks) c) What is the futures yield rate for 3-Month Kuala Lumpur Interbank Offered Rate (KLIBOR) Futures based the actual data as at the closing date of 4th March 2022? (2 marks)

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