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?

Note: Round your answers to $5$ decimal places.

$\backslash$table$[[6-$mos forward,$1\mathrm{.}0857,0\mathrm{.}9211],[$Turkey lira,$0\mathrm{.}0752,13\mathrm{.}304],[$UK pound,$1\mathrm{.}3447,0\mathrm{.}7437],[1-$mos forward,$1\mathrm{.}3444,0\mathrm{.}7438],[3-$mos forward,$1\mathrm{.}3441,0\mathrm{.}7440],[6-$mos forward,$1\mathrm{.}3435,0\mathrm{.}7443],[$Middle East$/$Africa$,,],[$Bahrain dinar,$2\mathrm{.}6527,0\mathrm{.}3770],[$Egypt pound,$0\mathrm{.}0636,15\mathrm{.}722],[$Israel shekel,$0\mathrm{.}3159,3\mathrm{.}1653],[$Jordan dinar,$1\mathrm{.}4105,0\mathrm{.}7090],[$Kuwait dinar,$3\mathrm{.}3002,0\mathrm{.}3030],[$Nigeria naira,$0\mathrm{.}00241,415\mathrm{.}26],[$Saudi Arabia riyal,$0\mathrm{.}2665,3\mathrm{.}7519],[$South Africa rand,$0\mathrm{.}0650,15\mathrm{.}387],[$UAE dirham,$0\mathrm{.}2723,3\mathrm{.}6730]]$