9. Suppose the spot rate exchange rate between the pound and the dollar is $2 /pound and the threc-month forward rate is $2.02 /pound. In this case, A. The pound is at a 4 percent forward discount per year with respect to the dollar. B. The pound is at a 4 percent forward premium per year with respect. to the dollar. C. The pound is at a forward discount of 1 percent for three months with respect to the dollar. D. The pound is at a forward premium of 1 percent for three months with respect to the dollar. E. (B) and (D) of the above