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17. The value of the Australian dollar (A$) today is $0.6911. Yesterday, the value of the Australian dollar was $0.7303. The Australian dollar is trading

17. The value of the Australian dollar (A$) today is $0.6911. Yesterday, the value of the Australian dollar was $0.7303. The Australian dollar is trading at a forward ___ by ____.

____

  1. Premium; 4.00%
  2. Discount: 4.00%
  3. Premium; 5.37%
  4. Discount; 5.37%

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