Question
If the seven-month futures contract price for rhodium is currently $12,100 per ounce, what should we expect the current spot price to be if the
If the seven-month futures contract price for rhodium is currently $12,100 per ounce, what should we expect the current spot price to be if the annual interest rate is 2.2%?
a. $11,947.37
b. $11,947.79
c. $12,254.58
d. $11,948.39
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Applied Financial Macroeconomics And Investment Strategy
Authors: Robert T McGee
1st Edition
1137428394, 978-1137428394
