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11. The spot price for gold is $1,550 per ounce. The storage cost is 2.5% per annum. The risk-free interest rate is 3.5% with continuous

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11. The spot price for gold is $1,550 per ounce. The storage cost is 2.5% per annum. The risk-free interest rate is 3.5% with continuous compounding. The futures price for gold for a 6-month contract on gold should be A $1.584.99 B) $1,589.08 C) $1,594.04 D) $1,597.51

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