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A Turkish firm is expecting to receive 2 , 2 0 0 , 0 0 0 Russian Ruble ( RBL ) in one year for

A Turkish firm is expecting to receive 2,200,000 Russian Ruble (RBL) in one year for supplies to a Russian based company. The current spot rate of the RBL is 0.33TRY. The one year forward rate of RBL is 0.40TRY. Turkish multinational corporation created a probability distribution for the future spot rate in one year as follows:
\table[[\table[[Future Spot Rate],[(TRY per RBL)]],Probability],[0.35,20%
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