Use the Following Information to Answer Questions 6-9

Use the following information to answer questions 6-9.
Table 6.1: Spot and Forward Exchange Rates on May 5, 2012.

-Refer to Table 6.1.On May 5,2012,the 1-year forward yen was selling at a:

A) 3.56% premium per annum against the dollar.
B) 3.69% premium per annum against the dollar.
C) 3.56% discount per annum against the dollar.
D) 3.69% discount per annum against the dollar.