Exercise $2$

From the given forex quotes: $$0\mathrm{.}75/$ SG$ & $$\mathrm{.}014/$INR

What is the cross rate of the Indian rupee in terms of the Singapore dollar?

If F$90[$ SG$ $0\mathrm{.}0179/$ INR $]$ and spot rate is $[$ SG$ $0\mathrm{.}0186/$ INR$].$ What is the annualized forward premium or discount of the INR?