Assume that the interest rate in the home country of Currency X is much higher than the U$.$S$.$ interest rate. According to interest rate parity, the forward rate of Currency X:

a$.$ should exhibit a discount

b$.$ should exhibit a premium

c$.$ should be zero $($i$.$e$.,$ it should equal its spot rate$)$

d$.$ should exhibit a premium or should be zero $($i$.$e$.,$ it should equal its spot rate$)$