Question
The current price of one troy ounce of gold is $2,101.37. The yearly risk-free CCIR is 3.58%. Assume that 1 ounce of gold pays a
What is the no-arbitrage price of one ounce of gold for delivery 9.90 months from now?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
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