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Question in Finance 2. The Wall Street Journal gives the following futures prices for gold on September 6. 2006: Maturity Oct Der Jun 07 Dec
Question in Finance
2. The Wall Street Journal gives the following futures prices for gold on September 6. 2006: Maturity Oct Der Jun 07 Dec 07 Futures price ($/oz) 635.60 641.80 660.60 678.70 and the spot price of gold is $633.50/oz. Compute the effective annu- alize) interest rate implied by the futures prices for the corresponding maturitiesStep by Step Solution
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