The 90-day forward rate for the euro is $1.07, while the current spot rate of the euro is $1.05. The annualized forward premium or discount of the euro suppose to be _______. A. 1.9 percent discount...

The 90-day forward rate for the euro is $1.07, while the current spot rate of the euro is $1.05. The annualized forward premium or discount of the euro suppose to be _______.

1.9 percent discount

1.9 percent premium