The current price of one troy ounce of gold is $1,855.39. The yearly risk-free CCIR is 5.48%. Assume that 1 ounce of gold has a one-time storage cost of $140.85 (in cash) 9.00 months from now.

What is the no-arbitrage price of one ounce of gold for delivery 3.97 months from now?

Answer rating: 100% (QA)

To calculate the noarbitrage price of one ounce of gold for delivery 397 months from now we can use ... View the full answer