Poll Forward Premium The current spot exchange rate is $$1\mathrm{.}55/$ and the three$-$month forward rate is $$1\mathrm{.}50/.$ Based on your analysis of the exchange rate, you are confident that the spot exchange rate will be $$1\mathrm{.}52/$ in three months.Assume that you would like to buy or sell $1,000,000.$ What actions do you need to take to speculate in the forward market?A$)$ Take a long position in a forward contract on $1,000,000$ at $$1\mathrm{.}50/.$BC$)$Take a short position in a forward contract on $1,000,000$ at $$1\mathrm{.}50/.$Buy euro today at the spot rate, sell them forward.D$)$Sell euro today at the spot rate, buy them forward.