Given below are spot and forward rates expressed in U$.$S dollars per unit of the Euro and $$

Rates $$

Spot $1\mathrm{.}53931\mathrm{.}6030$

$30-$days forward $1\mathrm{.}54061\mathrm{.}6006$

$60-$days forward $1\mathrm{.}54251\mathrm{.}6000$

$90-$days forward $1\mathrm{.}54311\mathrm{.}5945$

$180-$days forward $1\mathrm{.}54781\mathrm{.}5859$

Required:

$1.$ Is the $90$ day forward $$ quoted at a discount or at a premium?

$2.$ Is the $90-$ day forward contract in pound trading at a discount or at a premium?

$3.$ Relative to the pound is the $180$ day forward dollar quoted at a discount?

$4.$ Relative to the Euro is the $90$ day forward dollar quoted at a discount?