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a. 26.49% premium b. 26.49% discount c. 2.21% discount d. 2.21% premium Below is a list of USD forward contacts with various durations. The annualized

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a. 26.49% premium b. 26.49% discount c. 2.21% discount d. 2.21% premium

Below is a list of USD forward contacts with various durations. The annualized forward premium or discount of USD for the I-month contract is: Duration AUD per USD spot month 2 months 3 months o O O 1 a. d. 2.3964 2.3435 2.3645 2.436 26.49% premium 26.49% discount 2.21% discount 2.21% premium

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