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thank you!! Exercise 1 (Please use 4 digits in all vour calculations and choose the closest to what vou find) Mrs. White has just taken

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Exercise 1 (Please use 4 digits in all vour calculations and choose the closest to what vou find) Mrs. White has just taken a lone position in a forward contract on cors that matures in 7 months The contract is for the deliverv of 130000 pounds of corn at the forward pilice of $2.58 per pound What is the loss or profit of Mrs. White if at the contract maturity corn price is $2.35 per pownd? (5 pts) (A) Profit of 542900 (B) Loss of $42900 Exercise 2 (choose the closest to what you find) The spot price of stock ABC is $142 per share. Calculate the forward price of a forward contract on ABC that matures in 13 months. The risk-free rate is 4.66%. (5 pts) 1) rises to $13 (A) $74.2 (5 pts) (B) $149.17 [ C) $74.21 (0) $74.21 Exercise 3 (choose the closest to what you find) A bond has a face value of $1000 a coupon rate of 4.5% and matures in 11 years. The spot price of the bond is $973,77. The bond pays semiannual coupons and the next coupon is in 4 months. Calculate the forward price of a forward contract on the bond that matures in 18 months. The risk-free rate is 5.17%. (10 pts) (A) $1770.57 (B) $1217.58 [C) $1566.57 (D) $979.53 Exercise 4 (choose the closest to what you find) Storage and insurance costs on gold are $12.04 per month per ounce and have just been paid. The spot price of gold is $1725.48 per ounce. Calculate the forward price of a forward contract on gold that matures in 5 months. The risk-free rate is 4.74%. (10 pts) (A) $2003.25 (B) $1820.23 [C] $1599.26 (D) $2313.27 Exercise 5 (choose the closest to what you find) Storage and insurance costs on silver are $2.48 per ounce every 3 months and have just been paid. 5 months ago, the price of silver was $17.92 per ounce and you took a long position in a forward contract on silver with a quantity of 24400 ounces and that matured in 12 months (at that time). Now, the spot price of silver is $18.73 per ounce. Calculate the value of your forward contract. The risk-free rate has always been 5.27%. (15 pts) (A) $108939 (B) $307071 [C) $601075 (D) $32074

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