Use the following spot and forward bid-ask rates for the Australian dollar/U.S. dollar exchange rate from 2020. Calculate the annual forward premium on AUD for all maturities

AUD/USD Spot: Bid=0.6709 and Ask= 0.6705

	Bid	Ask
AUD/USD Spot	0.6709	0.6705
AUD/USD 1-Month Forward	3.267	3.893
AUD/USD 2-Month Forward	7.4	7.6
AUD/USD 3-Month Forward	9.969	11.731
AUD/USD 6-Month Forward	21.4	21.9
AUD/USD 1-Year Forward	41.3	42.3
AUD/USD 2-Year Forward	65.4	70.4