Can you explain the calculation processes of d) ? Thank you.

Sell Buy US dollar 0.6704 0.6707 c) If the forward quotes in point form are as follows for US dollar, calculate the outright forward rates 1 Month 7/8 3 Months 19/21 12 months 60/65 (3 marks) d) Calculate the forward premium (discount) based on the rates calculated in c) above. ANSWER (6 marks) d) Make the following table to compute forward premium Bid Ask Spot 1 month 3 month 12 month 1.4910 1.4892 1.4863 1.4767 1.4916 1.4901 1.4874 1.4784 Average 1.4913 1.4897 1.4867 1.4776 1 month premium 3 month premium 12 month premium Based on Bid -1.45% -1.26% -0.96% Based on Ask -1.21% -1.13% -0.88% Based on Average -1.29% -1.23% -0.92% Sell Buy US dollar 0.6704 0.6707 c) If the forward quotes in point form are as follows for US dollar, calculate the outright forward rates 1 Month 7/8 3 Months 19/21 12 months 60/65 (3 marks) d) Calculate the forward premium (discount) based on the rates calculated in c) above. ANSWER (6 marks) d) Make the following table to compute forward premium Bid Ask Spot 1 month 3 month 12 month 1.4910 1.4892 1.4863 1.4767 1.4916 1.4901 1.4874 1.4784 Average 1.4913 1.4897 1.4867 1.4776 1 month premium 3 month premium 12 month premium Based on Bid -1.45% -1.26% -0.96% Based on Ask -1.21% -1.13% -0.88% Based on Average -1.29% -1.23% -0.92%