$5.$ Given that USDTRY is $28\mathrm{.}50$ and MXNUSD is $0\mathrm{.}05,$ what is MDCNTRY if then are so arbitrage ospontanitien? $(15$ putats$)$

$6.$ USD$/$TRY is an American $($direct$)$ quotes for Turkish reidents. $(5$ points$)$

True False $$

$7.$ If the USD$/$TRY rate is $28\mathrm{.}20-28\mathrm{.}50,$ the TRY$/$USD rate is $0\mathrm{.}0351-0\mathrm{.}0355.(5$ points$)$

True False

$8.$ Which of the following statements is incorrect requaling the interbual foreign exchange market? $(10$ points$)$

a$.$ It operates $7$ drys and $24$ hours.

b$.$ It is a very large, Eiverse, over$-$the$-$counter marker.

c$.$ The minimum transaction is $1$ million USD.

d$.$ It is a very liquid market as a result of dealer opentions.

c$.$ The biggest market occurs in Leodon; NY is the second for volume. Tokyo, Hong Kong. Singapore, and Sydney are important

$9.$ Currincy boards is ote of the exchange rate systems. $q,(10$ polats$)$

STLEETTSSGKATERE

SMSREN

Tow Erity $210.$ MVI

Than fric INEM

Fropos Newarer $1$

a$)$ It causes inflation both in developed and undevelopet courtries.

$5.$ Given that USDTRY is $28\mathrm{.}50$ and MXNUSD is $0\mathrm{.}05,$ what is MDCNTRY if then are so arbitrage ospontanitien? $(15$ putats$)$

$6.$ USD$/$TRY is an American $($direct$)$ quotes for Turkish reidents. $(5$ points$)$

True False $$

$7.$ If the USD$/$TRY rate is $28\mathrm{.}20-28\mathrm{.}50,$ the TRY$/$USD rate is $0\mathrm{.}0351-0\mathrm{.}0355.(5$ points$)$

True False

$8.$ Which of the following statements is incorrect requaling the interbual foreign exchange market? $(10$ points$)$

a$.$ It operates $7$ drys and $24$ hours.

b$.$ It is a very large, Eiverse, over$-$the$-$counter marker.

c$.$ The minimum transaction is $1$ million USD.

d$.$ It is a very liquid market as a result of dealer opentions.

c$.$ The biggest market occurs in Leodon; NY is the second for volume. Tokyo, Hong Kong. Singapore, and Sydney are important

$9.$ Currincy boards is ote of the exchange rate systems. $q,(10$ polats$)$

STLEETTSSGKATERE

SMSREN

Tow Erity $210.$ MVI

Than fric INEM

Fropos Newarer $1$

Given that USDTRY is $28\mathrm{.}50$ and MXNIUSD is $0\mathrm{.}05,$ what is MDN$/$TRY if thene are no artifinge cyportunities? $(15$ points$)$