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The 1-year and 2-year forward prices of gold are $420/ounce and $430/ounce. The 2-year swap price for gold is $424.73/ounce. The 1-year spot rate of
The 1-year and 2-year forward prices of gold are $420/ounce and $430/ounce. The 2-year swap price for gold is $424.73/ounce. The 1-year spot rate of interest is 5%. Calculate the 1-year forward rate. OA. 11.4% O B. 11.8% O C. 12.1% O D. 12.6% O E. 13.2%
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Simplifying Finance And Accounting Function
Authors: Mr. Dauji Gupta
1st Edition
9353467276, 978-9353467272
