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The current price of silver is $30.00 per ounce. The storage costs are $0.10 per ounce per year payable quarterly at the beginning of each
The current price of silver is $30.00 per ounce. The storage costs are $0.10 per ounce per year payable quarterly at the beginning of each quarter and the interest rate is 4% APR compounded quarterly (1% per quarter). Calculate the future price of silver for delivery in nine months. Assume that silver is held for investment only and that the convenience yield of holding silver is zero. beginning of ea future price of silver for doof holding silver is zero The current price of silver is $30.00 per ounce. The storage costs are $0.10 per ounce per year payable quarterly at the beginning of each quarter and the interest rate is 4% APR compounded quarterly (1% per quarter). Calculate the future price of silver for delivery in nine months. Assume that silver is held for investment only and that the convenience yield of holding silver is zero. beginning of ea future price of silver for doof holding silver is zero
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