The current price of the gold is $600 per ounce. The storage cost is a continuous cost

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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?

Related Book For answer-question

Accounting Tools for Business Decision Making

ISBN: 978-1118096895

6th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

Posted Date: Jul 13, 2024 12:23 PM

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The current price of the gold is $600 per ounce. The storage cost is a continuous cost

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Accounting Tools for Business Decision Making

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