A. By definition, if the spot rate is less than the forward rate, the currency is said to be selling at a premium. This does not necessarily indicate anything about the value of the currency.

B. By definition, if the spot rate is less than the forward rate, the currency is said to be selling at a premium.

C. By definition, if the spot rate is less than the forward rate, the currency is said to be selling at a premium.

D. By definition, if the spot rate is less than the forward rate, the currency is said to be selling at a premium. This does not necessarily indicate anything about the value of the currency.