Suppose the spot exchange rate is $\backslash ($ C $\backslash$$ $1\mathrm{.}3158\backslash )$ and the six$-$month forward rate is $\backslash ($ C $\backslash$$ $1\mathrm{.}3153\backslash ).$ The U$.$S$.$ dollar is selling at a Canadian dollar and the U$.$S$.$ dollar is expected to blank relative to the Canadian dollar.

Multiple Choicediscount; appreciatediscount; depreciatepremium; appreciatepremium; depreciate

premium; remain constant