Question
On the 1 st of June the spot price of gold was $1,734.80/oz. If the risk-free rate of interest was 2% at that time, what
On the 1st of June the spot price of gold was $1,734.80/oz. If the risk-free rate of interest was 2% at that time, what should have been the forward price for delivery in 90 days? Explain your answer. If the forward price were $1,750/oz., what should your investment strategy have been?
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Routledge Handbook Of Financial Technology And Law
Authors: Iris Chiu, Gudula Deipenbrock
1st Edition
0367344149, 978-0367344146
