Suppose that the $6-$month U$.$S$.$ interest rate is $5\%$ and the $6-$month British interest rate is $3\%.$ What is the annualized forward percentage discount$/$premium for the pound based on the $6-$month contract?

Select one:

a$.1\mathrm{.}76\%$ forward premium

b$.1\mathrm{.}82\%$ forward discount

c$.1\mathrm{.}82\%$ forward premium

d$.1\mathrm{.}76\%$ forward discount

e$.1\mathrm{.}97\%$ forward premium

f$.1\mathrm{.}97\%$ forward discount