Question: please calculate the forward contract size in USD and TRY by using quotation above for transaction? PLEASE HELP ME WITH THIS THANKS (5 Points) 3.

please calculate the forward contract size in USD and TRY by using quotation above for transaction?

PLEASE HELP ME WITH THIS THANKS

(5 Points) 3. Company B in an Automotive part export company in Turkey. Company B made a deal with Ford Corporation in the US to sell 100,000 units brake set. Ford Corp, agroed to pay $20 for each brake Net. The delivery is poing to be done 60 dayn from today, and Ford Corporation will make the payment on the delivery time ( 60 days from today). The total cost for each unit brake set is 300 TRY for the Company B. The Company B doesn't want te take transaction risk for this deal and makes a forward eontract hedeing with Bank Z under the quotation information below

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