19-7. (Determinifig the percent-per-annum premium or discount) (Related to Checkpoint 19.1 on page 611 and Checkpoint 19.2 on page 614) You are in need of Australian dollars in six months, but before entering into a forward contract to buy them, you would like to know their premium or discount from the existing spot rate, Calculate the premium or discount from the existing spot rate for the six-month Australian dollar us- ing the data given in Table 19.1. 19-7. (Determinifig the percent-per-annum premium or discount) (Related to Checkpoint 19.1 on page 611 and Checkpoint 19.2 on page 614) You are in need of Australian dollars in six months, but before entering into a forward contract to buy them, you would like to know their premium or discount from the existing spot rate, Calculate the premium or discount from the existing spot rate for the six-month Australian dollar us- ing the data given in Table 19.1