Question
The continuously compounded interest rate is 5% p.a. and the storage cost for copper is 8% p.a. What is the price of a 9-month futures
The continuously compounded interest rate is 5% p.a. and the storage cost for copper is 8% p.a. What is the price of a 9-month futures contract on copper, if the current spot price is $3.4 per pound? (Round your answer to 2 decimals.)
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Investment The Study Of An Economic Aggregate
Authors: Philip J. Lund
1st Edition
0444851380,1483256901
