Question
It is now January. The current interest rate is 3%. The storage cost of silver is 2%. The June futures price is 1246.3, while the
It is now January. The current interest rate is 3%. The storage cost of silver is 2%. The June futures price is 1246.3, while the spot price of silver is $1200. Is there any arbitrage opportunity here? If so, how would you exploit it? How much is the profit? Show the steps
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
10th Edition
1260013820, 978-1260013825
