The spot rate for the Singapore dollar is £0.320. The 30-day forward rate is £0.325.The forward rate contains an annualized __________ of ___________%.

The spot rate for the Singapore dollar is £0.320. The 30-day forward

1.	The spot rate for the Singapore dollar is £0.320. The 30-day forward rate is £0.325.The forward rate contains an annualized __________ of ___________%.
A.	discount; -18.75
B.	premium; 18.75
C.	discount; -18.46
D.	premium; 18.46
Answer» C. discount; -18.46