Question: b. Based on Bank ZZ's USD/TRY quotation, wbat should be the Bank ZZ's TRY/USD quotation? (5 points) c. What is the forward premium or discount

 b. Based on Bank ZZ's USD/TRY quotation, wbat should be the

b. Based on Bank ZZ's USD/TRY quotation, wbat should be the Bank ZZ's TRY/USD quotation? (5 points) c. What is the forward premium or discount for bid prices? Is that a froward premium or discoun (15 points)

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