$1 = E E4 = 5 E*+1 = 5,5 i = 20% i* = 3% If an foreign investor prefers to buy Turkish treasury bonds while she expects 10% depreciation on what would be her expected return at the end of the year. What would be opportunity cost of buying Turkish treasury bonds. Your answer: O Expected return of TR bond is 19% or 20% (According to your calculation method) and its opprtunity cost is 396 O Expected return of TR bond is 9% or 10% (According to your calculation method) and its opprtunity cost is 39 O Expected return of TR bond is 0% and its opprtunity cost is 396 O Expected return of TR bond is 179 or 18% (According to your calculation method) and its opprtunity cost is 3%