The current price of silver is $16.2 per ounce. The storage cost is 2.2% per ounce per year on a continuous compounding basis. Assuming that the risk-free interest rate is 4% per annum with continuous compounding for all maturities, calculate the futures price of silver for delivery in 6 months. Answer: The current value of a stock index is 3256. The risk-free interest rate is 496 per annum with continuous compounding, and the continuous compounding dividend yield on the stock index is 1.4% per annum: What is the 6-month futures price for the stock index