The spot exchange rate between the British pound and the dollar today is 0.7370/$. The British pound three-month forward rate is quoted at 7.24% discount.

1.) What is the outright 3-month forward rate of the British pound in terms of the dollar?

2.) What is the outright 3-month forward rate of the dollar in terms of the British pound?

3.) At what premium/discount would the three-month dollar forward be quoted?