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Spot gold prices are $1,933 and the 1-year risk-free rate is 3.23%. If you are able to store gold for $38 per ounce per year,
Spot gold prices are $1,933 and the 1-year risk-free rate is 3.23%. If you are able to store gold for $38 per ounce per year, what would be a fair price of a six-month gold futures contract?
Multiple Choice
O $1,761
O $1,998
O $1,983
O $2,012
O $2,145
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