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Find the value of a one-year semi-annual commodity swap swapping 1 onze of gold for $1330 CAD in six months and in one year. The
Find the value of a one-year semi-annual commodity swap swapping 1 onze of gold for $1330 CAD in six months and in one year. The current spot price is $1319.40, the risk-free rate is 1.25% per year(CCR), and the net convenient yield for gold is 0.
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