The current price of gold is $412 per ounce The storage cost is $2 per ounce per
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The current price of gold is $412 per ounce The storage cost is $2 per ounce per year, payable quarterly in advance. Assuming a constant interest rate of 9% compounded quarterly, what is the theoretical forward price of gold for delivery in 9 months?
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Related Book For 
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1111534912
8th edition
Authors: Gary A. Porter, Curtis L. Norton
Posted Date:
