If the spot rate of the Israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.77 shekels per dollar,then the forward rate for the Israeli shekel is selling at a(n)______________ to the spot rate.
A) 5.52% premium
B) 5.47% premium
C) 5.71% discount
D) 4.72% discount
E) 3.63% discount

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The Answer of If the spot rate of the Israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.77 shekels per dollar,then the forward rate for the Israeli shekel is selling at a(n)______________ to the spot rate.
A) 5.52% premium
B) 5.47% premium
C) 5.71% discount
D) 4.72% discount
E) 3.63% discount

If the Spot Rate of the Israeli Shekel Is 5