Todin. you obseme the following rates on the foreign exchange market: - S(CADIS) - CAD1.3205/S - Fr (CAD S ) = CAD1.2796/5 Based on your economic forecast, you belleve the spot exchange rate will be CAD1.3005/\$ in six months, You would like to buy or sell CAD 100.000. 1. Galculate the forward premium or discount on an annualized basis for the exchange rate (CAD/\$). 2. What actions should you take to speculate in the forward market? 3. How inuch will you make if your prediction is correct? 4. Assume the spot exchange rate is CAD1.2685/\$ in six months. How much will be your speculative profit