107% 4. (Swap Transactions, 9pts) Barclays has a long position in 400 million forward against dollars delivered in six months (meaning Barclays will buy 400 with dollars in six months in forward). Given the information below, answer the following questions. Spot rate ($/) 1.2510 6-month U.S. dollar interest rate 4.00% 6-month British pound interest rate 2.00% b. (2pt) What is the six-month forward rate F(S/) that Barclays would quote to its counterparty in a competitive market? c. (Ipts) Compute the 6-month forward premium or discount for the British pound