Question: Remaining Time: 25 minutes, 45 seconds. Question Completion Status: A Moving to another question will save this response. Question 13 < >> 0.5 points

Remaining Time: 25 minutes, 45 seconds. Question Completion Status: A Moving to

Remaining Time: 25 minutes, 45 seconds. Question Completion Status: A Moving to another question will save this response. Question 13 < >> 0.5 points Save Answer Physical gold is trading at $1508.47 per ounce. If the continuously compounded risk free rate (ie the Federal Funds Rate) is 0.22314% and annual storage costs of gold are $52.38 per annum per ounce (ie you'll need to convert this dollar cost into an annual percentage of the price of gold), what, to one decimal place, is the theoretical price for gold futures (on the Chicago Mercantile Exchange (COMEX) which expire in 127 days (nb. On US exchanges a year is regarded as 360 days)? 1528.3 a. b. 1527.6 1508.5 C. d. 1490.2 A Moving to another question will save this response. MacBook Air

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