Problem $5\mathrm{.}7$

Using Exhibit $5\mathrm{.}7,$ calculate the one$-,$ three$-,$ and six$-$month forward premium or discount for the U$.$S$.$ dollar versus the British pound using European term quotations. For simplicity, assume each month has $30$ days. What is the interpretation of your results? $($Round your answers to $5$ decimal places.$)$

$\backslash$table$[[,\backslash$table$[[$Forward premlum$],[$or discount$]]],[f_{1,5},],[f_{3,S},],[f_{6,S},]]$