Editution A Turkish fire will receive 100000 Dollar in 5 month for sold raw materials. It will convert them to Turkish Liras, in order to hedge the risk related to the adverse evolution of the currency exchange, the firm would like to buy a 7.40-strike American option. The spot currency exchange is 7.40 TL per dollar. The domestic and foreign risk free CCIR are 13% and 1.25%, ruspectively. The volatility of the $/Tt currency exchange is 30% Determine the premium of this option by using 2 period binomial method. (Write your answer in a paper, take a picture, copy/paste it in world document and load to the system) Editution A Turkish fire will receive 100000 Dollar in 5 month for sold raw materials. It will convert them to Turkish Liras, in order to hedge the risk related to the adverse evolution of the currency exchange, the firm would like to buy a 7.40-strike American option. The spot currency exchange is 7.40 TL per dollar. The domestic and foreign risk free CCIR are 13% and 1.25%, ruspectively. The volatility of the $/Tt currency exchange is 30% Determine the premium of this option by using 2 period binomial method. (Write your answer in a paper, take a picture, copy/paste it in world document and load to the system)