Refer to Table 6.1. According to the information provided in the table, the 6-month yen is selling at a forward ________ of approximately ________ per annum. (Use the mid rates to make your calculations.)

A) discount; 2.09%

B) discount; 2.06%

C) premium; 2.09%

D) premium; 2.06%

Yen: Spot and Forward (Y/ Mid Rates Bid Pound: Spot and Forward (S/E) 1.4484 1.4459 Ask Mid Rates Bid Ask 1.4487 -24 -154 230 -253 129.82 129.92 1.4481 Spot Forward Rates 1 month 6 months Swaps 2 year 3 year 129.87 129.68 128.53 -20 18 -136 -132 1.4327 -26 -160 117.65 115.50 1232 1212 14250 1452 1422 -238 -265 1.4225