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0. QUESTION 23 The spot price for gold is 51,550 per ounce. The dividend yield on the S&P 500 is 2.5%. The risk-free interest rate

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0. QUESTION 23 The spot price for gold is 51,550 per ounce. The dividend yield on the S&P 500 is 2.5%. The risk-free interest rate is 3.5%. The futures price for gold for a 6-month contract on gold should be $1,557.73 $1,504.99 $1,569.08 51,554.04 QUESTION 24 0.3333 p QUESTION 28 You purchase an interest rate futures contract that has an initial margin requirement of 15% and a futures price of $115,098 The contract has a $100,000 underlying par value bond. If the futures price falls to $108,000, you will experience a loss on your money invested. 41% 52% 31% 64%

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