The spot rate of the British pound to the dollar is $1.15. The 180-day forward rate is $1.17. Thus, the approximate annualized forward premium is ________.

Name: The spot rate of the British pound to the dollar is $1.15. The 180-day forward rate is $1.17. Thus, the approximate annualized forward premium is ________.
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The Answer of The spot rate of the British pound to the dollar is $1.15. The 180-day forward rate is $1.17. Thus, the approximate annualized forward premium is ________.

The Spot Rate of the British Pound to the Dollar