The current price of gold is ($ 412) per ounce. The storage cost is ($ 2) per
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The current price of gold is \(\$ 412\) per ounce. The storage cost is \(\$ 2\) per ounce per year, payable quarterly in advance. Assuming a constant interest rate of \(9 \%\) compounded quarterly, what is the theoretical forward price of gold for delivery in 9 months?
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