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The spot price of gold is $1,800 per ounce. The storage costs are $8.00 per ounce per year payable quarterly in advance. The interest rates

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The spot price of gold is $1,800 per ounce. The storage costs are $8.00 per ounce per year payable quarterly in advance. The interest rates are 3% per annum (continuous compounding) for all maturities. Ignoring the convenience yield, what is the futures price of gold for delivery in 6 months? The spot price of gold is $1,800 per ounce. The storage costs are $8.00 per ounce per year payable quarterly in advance. The interest rates are 3% per annum (continuous compounding) for all maturities. Ignoring the convenience yield, what is the futures price of gold for delivery in 6 months

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