Forward Premium on the Dollar. Calculate the forward premium on the dollar if the spot rate is $1.6285 = 1.00 and the 3-month forward rate is $1.6036 = 1.00 Note: Use a 360-day year, The forward premium on the dollar is %. (Round to four decimal places.) (Select from the drop-down menus.) to the dollar, and simultaneously, the dollar is selling forward at a V to the pound. That is the forward rate requires fewer U.S. dollars in exchange for pounds than the The positive premium indicates that the pound is selling forward at a current spot rate Next 6C Rain showers ENG IN 09:07 21-04-2022