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The spot and 3-month forward rates for the British Pound are $1.5800/ and $1.5550/, respectively. If the dollar is the home currency, the British Pound

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The spot and 3-month forward rates for the British Pound are $1.5800/ and $1.5550/, respectively. If the dollar is the home currency, the British Pound is said to be selling at a forward premium of 6.33% discount of 3.16% discount of 9.49% discount of 6.33% In December 1994, the government of Mexico officially considered changing the value of the Mexican peso from 3.2 pesos per dollar to 4.9 pesos per dollar. What would be the percentage change in its value? +36.00% +34.69% 34,69% -36.00%

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