Question
The spot price for gold is $1,950 per ounce. The dividend yield on the S&P 500 is 5.2%. The risk-free interest rate is 8.5%. The
The spot price for gold is $1,950 per ounce. The dividend yield on the S&P 500 is 5.2%. The risk-free interest rate is 8.5%. The futures price for gold for a 3-month contract on gold should be __________. Multiple Choice $1,977.24 $1,965.89 $1,913.15 $1,962.20
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Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
