Assume that the current spot price of aluminium is Rs 94 per Kg. What should be the
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Assume that the current spot price of aluminium is Rs 94 per Kg. What should be the price of the 6-m forward contract on aluminium if risk free interest rate in the market is 12% per annum with quarterly compounding and cost of insurance is placed at 4% per annum with annual compounding?
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
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