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13. The spot price for gold is $1,550 per ounce. The storage cost is $3 per ounce per annum. The risk-free interest rate is 5%

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13. The spot price for gold is $1,550 per ounce. The storage cost is $3 per ounce per annum. The risk-free interest rate is 5% with continuous compounding. The futures price for gold for a 6-month contract on gold should be A) $1.598.91 B) $1,595.08 C) $1,589.94 D) $1,592.24

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