3. Suppose the current spot exchange rate is 0.6398 USD/AUD and the Australian dollar is trading at a 12 -month forward premium of 1.25% relative to the US dollar. Based upon your economic forecast, you are pretty confident that the Australian dollar will appreciate by 2.5% relative to the US dollar over the next twelve months. What speculative actions would you take to speculate in the forward market if you are a US-based investor who can take a forward position on 500,000 AUD