You are working in the foreign exchange dealing room of an international bank. foreign exchange dealer. On your screen you see the following information: a. The spot exchange rate of the GBP is equal to $1.3 USD per one GBP. The three-month interest rates are 10% in GBP and 6% in USD. What is the threemonth forward exchange that you should quote? [8 marks] b. In the language of currency traders would the GBP be considered as strong or weak relative to the USD? [8 marks] c. Compute the annualized discount or premium on the dollar relative to the GBP