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The three-month forward price of gold is $1,500 per pound. If the continuously compounded interest rate is 6% per annum, what is the six-month forward
The three-month forward price of gold is $1,500 per pound. If the continuously compounded interest rate is 6% per annum, what is the six-month forward price of gold?
Select one:
a. $1,514.12
b. $1,516.34
c. $1,518.79
d. $1,520.83
e. $1,522.67
three-month forward price of gold is $1,500 per pound. If the continuously compounded interest rate is 6% per annum, what is the six-month forward price of gold? a. $1,514.12 b. $1,516.34 c. $1,518.79 d. $1,520.83 e. $1,522.67
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