Suppose the interest rate in Japan is $9\%,$ and inflation is expected to be $4\%.$ Meanwhile, the expected inflation in Singapore is $11\%,$ and the Australian interest rate is $14\%.$ To the nearest whole number, what is the best estimate of the one$-$year forward exchange premium $($discount$)$ at which the Australian dollar would be trading at relative to the Singapore dollar?

INSTRUCTIONS:

$1.$ Be precise in the formulas you use.

$2.$ Please input your final answer without percentage signs $(\%).$