Suppose the current spot exchange rate is 0.7412USD/CAD, and the three-month forward rate is F3(USD/CAD)=0.7375. You are a U.S. based investor and you are pretty confident that the spot exchange rate wisl be 0.7250 USD/CAD in three months. d. Calculate and interpret the current forward premium/discount. Assume 30day months. e. Describe what speculative actions you would take in the forward market and calculate the expected profit if you can take a forward position on 800,000 CAD? f. If your expectations are incorrect and the spot rate turns out to be 0.7325 USD/CAD in 3-months, what is your realized speculative profit