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Suppose that the current price of gold is $1,706 per oz. Suppose it costs $ 2 per oz per month to store gold (payable monthly

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Suppose that the current price of gold is $1,706 per oz. Suppose it costs \$ 2 per oz per month to store gold (payable monthly in advance). Suppose also that the term structure is flat with a continuously compounded rate of interest of 4.3% for all maturities. Calculate the forward price of gold for delivery in 3 months. Express the forward price in $ with a margin of error +/0.01

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