Section $2$: Covered Interest Parity $($CIP$)$

Assume that the following rates between the US dollar and the euro currently exist:

Spot exchange rate: $E_t=$$$\frac{0\mathrm{.}95}{}$;

$180-$day forward exchange rate: $F_{t+1}=$$$\frac{0\mathrm{.}96}{}$;

Interest rate on $180-$day US dollar$-$denominated bonds: $i_{t+1}=5\%.$

Is the euro traded at a premium or at a discount?

Following Covered Interest Parity $($CIP$),$ what should be the interest rate on $180-$day euro$-$

denominated bonds $i_{t+1}^{**}?$