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The spot price of gold is $1,434 per ounce, a futures contract has a price of $1,594 per ounce, and the risk-free interest rate is
The spot price of gold is $1,434 per ounce, a futures contract has a price of $1,594 per ounce, and the risk-free interest rate is 3.5% per year. What is the contracts basis per ounce?
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Understanding Healthcare Financial Management
Authors: Louis C. Gapenski, George H. Pink
6th Edition
1567933629, 9781567933628
