Question
Consider a 1-year forward on platinum. Spot price is still $920 and interest rate 1%. If the storage cost for 1oz of platinum is $1
Consider a 1-year forward on platinum. Spot price is still $920 and interest rate 1%. If the storage cost for 1oz of platinum is $1 for a year (incurred at the beginning), what is the forward price?
| A. | $ 909.9 | |
| B. | $ 911.88 | |
| C. | $ 928.19 | |
| D. | $ 930.21 |
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Asia Bond Monitor June 2016
Authors: Asian Development Bank
1st Edition
9292574930,9292574949
