Assessing Spot and Forward Rates Review the data on forward and spot rates of Korean currency to determine whether the foreign currency typically exhibits a discount or a premium. Then review data on interest rates to compare korea's concern and the U.S. interest rates. Does it appear that the forward rate of the foreign currency exhibits a premium (discount) when its interest rate is lower (higher) than the U.S. interest rate, as suggested by interest rate parity? (no math or explanations need it just the info)