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Based on the following table. Bid Ask EURUSD 1M FWD 7.05 7.34 EURUSD 2M FWD 14.99 15.15 EURUSD 3M FWD 22.57 23.05 EURUSD 4M FWD
Based on the following table.
| Bid | Ask |
EURUSD 1M FWD | 7.05 | 7.34 |
EURUSD 2M FWD | 14.99 | 15.15 |
EURUSD 3M FWD | 22.57 | 23.05 |
EURUSD 4M FWD | 30.25 | 30.55 |
EURUSD 5M FWD | 38.03 | 38.43 |
EURUSD 6M FWD | 45.91 | 47.2 |
EUR/USD Spot | 1.2114 | 1.2128 |
What is the average annualized forward premium/discount for the EUR if you use the 2M forward contract (Format for answer: X.XX% or X.XX%)
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