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17 The following is the exchange rates between BHD and INR in the foreign exchange market. From the information, answer following question 1 month forward

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17 The following is the exchange rates between BHD and INR in the foreign exchange market. From the information, answer following question 1 month forward Natt wered Marted out of be Currency Spot Ask Bid Bid Ask BHD /INR INR 21.05 INR 70,30 INR 70.80 INR 70.81 Determine annualized percentage premium or discount for Bid price 8.474% per annum premium b -3.5678 per annum discount C. - 14.556 per annum discount d. - 8. 474% per annum discount

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