Question
An ounce of gold has a 9-month forward price of $2,400 per ounce. The Spot price is $2,210 per ounce. The risk free borrowing rate
An ounce of gold has a 9-month forward price of $2,400 per ounce. The Spot price is $2,210 per ounce. The risk free borrowing rate is 3.5%. What is the storage cost (or convenience yield) associated with the commodity?
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Originate Motivate Innovate 7 Steps For Building A Billion Dollar Network
Authors: Shelly Omilade Bell, Sonya Renee Taylor
1st Edition
1119900549, 978-1119900542
