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Time left 0:07:47 An investor enters into a forward contract to buy 5,000 barrels of oil at $80 a barrel in three months. Two months
Time left 0:07:47 An investor enters into a forward contract to buy 5,000 barrels of oil at $80 a barrel in three months. Two months later, suppose that the one-month forward price of oil is $83 a barrel, and the one-month interest rate is 0%. The value of the contract the investor holds after two months is
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Commodity Market Trading And Investment
Authors: Tom James
1st Edition
1137432802, 978-1137432803
