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The spot exchange rate for the euro is $1.25, and the 6-month forward is $1.45. The euro is trading at a (premium/discount) of %: Discount:

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The spot exchange rate for the euro is $1.25, and the 6-month forward is $1.45. The euro is trading at a (premium/discount) of %: Discount: 24% O Premium; 32% is Discount: 16% Discount: 12% Discount: 8% Premium: 24% Premium; 8% Discount: 4% - Discount: 32% Premium; 4% Premium: 16% Premium: 12% Neither discount nor premium

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