The Following Are the Prices in the Foreign Exchange Market

The following are the prices in the foreign exchange market between the Canadian dollar and United States dollar (USD) . $$\begin{array} { l l } \text { Spot } & \$ 0.7786/ \text { USD } \\\text { 3-month forward } & \$ 0.7988/ \text { USD } \\\text { 6-month forward } & \$ 0.8304/ \text { USD }\end{array}$$ What was the discount or premium on 3-month forward and 6 month for United States dollars?

A) 2.59 % premium/ 6.65% premium
B) 2.59 % discount/ 6.65% discount
C) 10.38% premium/13.31% premium
D) 10.38% discount/13.31% discount