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The spot Mexican Peso/US$ exchange rate is 19.76 Peso/US$. The 6-month forward rate is 17.88 Peso /US$. What is Peso's forward premium (or discount) on

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The spot Mexican Peso/US$ exchange rate is 19.76 Peso/US$. The 6-month forward rate is 17.88 Peso /US$. What is Peso's forward premium (or discount) on the US dollar, expressed as an annual rate? 21.03% discount 10.51% discount 10.51% premium 21.03% premium

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