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4 points Save A * Question Completion Status: Question Assume that markets are perfect in the sense of being free from transactions cost and restrictions

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4 points Save A * Question Completion Status: Question Assume that markets are perfect in the sense of being free from transactions cost and restrictions on short selling. The spot price of gold is $370/oz. Current interest rates are 10% compounded monthly. According to the Cost-of-Carry Model, approximately what should the price of a gold futures contract be if expiration is 6 months away. Assume that the cost of storing the gold is $o. (There are 100 ounces of gold in a gold futures contract.) $381.46 $388.89 $394,63 $375.72

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