Silver is currently trading at $$25$ per ounce. Assume that the storage costs for silver are $1\%$ pa$.$ The riskfree rate is $5\%$ pa$.$

Calculate the fair forward price $("$F$")$ for delivery of silver in in $11$ months time?

Enter an answer to $2$ decimal places. Do not enter the dollar sign $"$$$".$

Answer:

forward price $("$F$")$ for delivery of CBA shares in $2$ months time?

Enter your answer to $2$ decimal places. Do not enter the dollar sign $"$$$".$

Answer:

The price of a stock on July $1$ is $$26\mathrm{.}5.$ A trader enters a long European put option on this stock with a strike price of $$32\mathrm{.}5.$

The quoted option price is $$7.$ One option contract covers $100$ shares.

If the put option is exercised when the stock price is $$23\mathrm{.}5,$ what is the trader

$900$

$200$

$2350$

$300$

The price of a stock is $$10\mathrm{.}9.$ A call option on this stock has a strike price of $$7\mathrm{.}1$ and is quoted at $$4\mathrm{.}8.$

You enter a short position in this European call option. One option contracts covers $100$ underlying shares.

The call option is exercised when the stock price is $$22\mathrm{.}3.$ Calculate your total net loss:

$1520$

$1140$

$10$

$1040$