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1. (Gold futures) The current price of gold is $412 per ounce The storage cost is $2 per ounce per year, payable quarterly in advance.
1. (Gold futures) 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% com- pounded quarterly, what is the theoretical forward price of gold for delivery in 9 months
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Marketing For Financial Advisors
Authors: Eric Bradlow, Keith Niedermeier, Patti Williams
1st Edition
