Use the information in Figure $31\mathrm{.}1($attached$)$ to answer the following questions:

a$.$ What is the six$-$month forward rate for the Japanese yen in yen per U$.$S$.$ dollar? Is the yen selling at a premium or a discount? Explain.

b$.$ What is the three$-$month forward rate for British pounds in U$.$S dollars per pound? Is the dollar selling at a premium or a discount? Explain.

c$.$ What do you think will happen to the value of the dollar relative to the yen and the pound, based on the information in the figure? Explain