What is meant by a forward discount and forward premium, International Economics

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What is meant by a forward discount and forward premium

Problem

What is meant by a spot transaction and the spot rate? a forward transaction and the forward rate? What is meant by a forward discount? forward premium? What is a currency swap? What is a foreign exchange futures? a foreign exchange option?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: What is meant by a forward discount and forward premium

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International Economics: What is meant by a forward discount and forward premium

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