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The following are the prices in the foreign exchange market between the Canadian dollar and United States dollar (USD). Spot 3-month forward 6-month forward

The following are the prices in the foreign exchange market between the Canadian dollar and United States dollar (USD). Spot 3-month forward 6-month forward $0.02465/LC $0.02473/LC $0.02474/LC What was the discount or premium on 3-month forward and 6-month for United States dollars? Multiple Choice 2.59% premium/6.65% premium 2.59% discount/6.65% discount

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