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Suppose the 1-year forward price for Gold is $363.25. The continuously compounded interest rate is 6% and the lease rate is assumed to be a
Suppose the 1-year forward price for Gold is $363.25. The continuously compounded interest rate is 6% and the lease rate is assumed to be a constant 1.5%. Whats the current spot price?
A 347.27 B 335.63 C 317.24 D 356.23
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