Question
The current price of the gold is $600 per ounce. The storage cost is a continuous cost of 5% every year. If the interest rate
The current price of the gold is $600 per ounce. The storage cost is a continuous cost of 5% every year. If the interest rate is 3% per annum for all maturities, what is the futures price for futures price of gold delivering in nine months?
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Venture Capital And The Finance Of Innovation
Authors: Andrew Metrick, Ayako Yasuda
3rd Edition
1119490111, 978-1119490111
