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The 7 month gold futures contract is currently trading at $1658.86 Assume that the risk free rate is 3.7% p.a. and the current spot price,
The 7 month gold futures contract is currently trading at $1658.86 Assume that the risk free rate is 3.7% p.a. and the current spot price, So, is $1674. There are no holding costs. An arbitrage exists...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
14th edition
007745443X, 978-0073530727, 73530727, 978-0077454432
