0. DOLLAR SPOT FORWARD AGAINST THE DOLLAR Feb 1 Europe Closing mid-point Change on day Bid/offer spread High Day's mid Low One month Rate %PA Three month Rate %PA One year Rate %PA Czech Rep. (Koruna) Denmark (Danish Krone) Hungary (Forint) Norway (Nor. Krone) Poland (Zloty) Russia Sweden (Rouble) (Krona) Switzerland (Fr) Turkey (New Lira) 18.6971 -0.1195 839-102 5.3584 0.0015 577-591 194.397 -0.5988 649-300 5.8891 -0.0045 870-912 2.8716 -0.0280 705-727 30.3950 0.0663 915-985 7.2855 -0.0560 836-873 1.0596 0.0055 593-599 1.4892 -0.0006 889-895 18.9100 5.3756 195.730 5.9307 2.9220 30.4540 7.3945 1.0625 1.4945 UK Euro () (Euro) 1.5903 -0.0121 901-905 1.5978 18.6510 18.7080 -0.7 5.3429 5.3608 -0.5 193.840 195.249 -5.2 5.8705 5.8971 -1.6 2.8605 2.8776 -2.5 30.3150 30.5107 -4.6 7.2637 7.2852 0.0 1.0568 1.0594 0.2 1.4870 1.4963 -5.7 1.5851 1.5900 0.3 18.7341 -0.8 18.8361 -0.7 5.3648 -0.5 5.3891 -0.6 196.907 -5.1 203.072 -4.3 5.9152 -1.8 6.0058 -1.9 2.8908 -2.7 2.9476 -2.6 30.7850 -5.1 32.0141 -5.1 7.2845 0.1 7.2898 -0.1 1.0590 0.2 1.0558 0.4 1.5123 -6.1 1.6003 -6.9 1.5893 0.3 1.5856 0.3 1.3896 -0.0004 894-897 1.3935 1.3854 1.3895 0.1 1.3892 0.1 1.3861 0.2 SDR (SDR) 0.6460 0.0006 -0.0 Americas Argentina (Peso) 3.8413 0.0183 380-445 3.8560 Brazil (Real) Canada (Canadian $) Mexico (Mexican Peso) Peru USA (New Sol) (US $) 1.8685 -0.0030 681-688 1.0664 0.0009 661-666 12.9673 -0.0085 649-696 2.8520 -0.0028 510-530 1.8975 1.0720 13.0942 2.8600 3.8245 3.8645 -7.2 1.8635 1.8779 -6.0 1.0636 1.0664 -0.1 12.9304 13.0082 -3.8 2.8520 2.8520 3.9303 -9.1 1.9000 -6.6 2.0188 -7.4 1.0665 0.0 1.0682 -0.2 13.1057 -4.2 13.5859 -4.6 2.8528 -0.1 2.8575 -0.2 - 0.0 4.3903-12.5 Pacific/Middle East/Africa Australia (A$) Hong Kong (HK$) India (Indian Rupee) Indonesia (Rupiah) Iran (Rial) 9900.00 Israel Japan (Shekel) (Yen) 3.7155 -0.0054 Kuwait (Kuwaiti Dinar) Malaysia (Ringgit) New Zealand (NZ$) Philippines (Peso) Saudi Arabia (Riyal) Singapore ($) South Africa Korea South Taiwan Thailand UAE (Rand) (Won) ($) (Baht) 1.1289 0.0039 287-292 1.1292 7.7667 0.0008 665-669 7.7692 46.3750 0.2050 700-800 46.4400 9385.00 35.0000 000-000 9395.00 000-000 141-169 3.7380 90.7750 0.1200 760-790 90.9400 0.2877 -0.0004 876-878 0.2912 3.4110 3.4130 1.4185 0.0001 180-190 0.7052 46.6300 0.1300 250-350 46.7300 3.7502 - 500-503 3.7503 1.4129 0.0092 126-132 1.4137 7.5357 -0.0094 306-407 7.6150 1169.93 8.1750 930-055 1174.70 31.9980 0.0520 900-060 32.0600 33.2150 0.0200 900-400 33.2900 (Dirham) 3.6730 -0.0001 725-735 3.6735 - -090-130 1.1287 1.1323 -3.5 1.1399 -3.8 1.1770 -4.1 7.7651 7.7652 0.2 7.7620 0.2 7.7487 0.2 46.0400 46.4675 -2.4 46.7200 -3.0 47.6600 -2.7 9370.00 9431.50 -5.9 9545.00 -6.7 10100.0 -7.1 0.0 3.7082 3.7175 -0.6 3.7215 -0.6 3.7450 -0.8 89.8100 90.7658 0.1 90.7384 0.2 90.3900 0.4 0.2845 0.2879 -0.6 0.2882 -0.7 0.2891 -0.5 3.4157 -1.6 3.4258 -1.7 3.4630 -1.5 0.7047 1.4213 -2.3 1.4276 -2.5 1.4647 -3.2 46.2500 46.7895 -4.1 47.1395 -4.3 48.2595 -3.4 3.7501 3.7500 0.1 3.7492 0.1 3.7450 0.1 1.4078 1.4132 -0.2 1.4140 -0.3 1.4157 -0.2 7.5100 7.5769 -6.5 7.6655 -6.8 8.0597 -6.5 1159.10 1170.88 -1.0 1172.73 -1.0 1180.93 -0.9 31.9550 31.9480 1.9 31.7530 3.1 31.0830 2.9 33.1500 33.2340 -0.7 33.2615 -0.6 33.4050 -0.6 3.6680 3.6735 -0.1 3.6750 -0.2 3.6795 -0.2 Note: The UK and Euro are in dollars and all other exchange rates are per dollar. What is the annualized forward premium for the one-month Indian rupee against the dollar? a. -2.4% b. 2.4% C. -8.9% d. 8.9%