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Suppose that the 3 0 - day forward rate on the euro is $ 1 . 4 1 0 9 4 , while the current

Suppose that the 30-day forward rate on the euro is $1.41094, while the current spot rate is $1.4100.
Which of the following best approximates the forward premium on an annualized basis?(Hint: Only consider 1230-day months. In other words,
consider a year to be only 360 days.)
0.90%
1.00%
0.80%
1.10%
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