Question
A 2-month futures contract for Gold is trading at $1200. A 9-month futures contract is trading at $1260. The annualized risk-free rate is 12%, compounded
A 2-month futures contract for Gold is trading at $1200. A 9-month futures contract is trading at $1260. The annualized risk-free rate is 12%, compounded monthly. What is the 5-month futures price implied by the 9-month futures contract? (Round your answer to 2 digits)
A 2-month futures contract for Gold is trading at $1200. A 9-month futures contract is trading at $1260. The annualized risk-free rate is 12%, compounded monthly. What is the 5-month futures price implied by the 9-month futures contract? (Round your answer to 2 digits)
1234.49
1192.13
1268.16
1213.29
1167.34
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Monetary Policy And Public Finance
Authors: G. C. Hockley
1st Edition
1138704792, 978-1138704794
