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The spot price of silver is $28 per ounce. The storage costs are $0.62 per ounce per year payable quarterly in advance. Assuming that interest
The spot price of silver is $28 per ounce. The storage costs are $0.62 per ounce per year payable quarterly in advance. Assuming that interest rates are 6% per annum for all maturities, calculate the futures price of silver for delivery in 9 - months. Use 2 decimal points
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Managerial Accounting Decision Making and Motivating Performance
Authors: Srikant M. Datar, Madhav V. Rajan
1st edition
132816245, 9780132816243, 978-0137024872
