The current spot price of gold is $1900 per ounce. The storage costs are $5 per ounce
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The current spot price of gold is $1900 per ounce. The storage costs are $5 per ounce per year. The continuous compounding risk-free interest rate is 6% per annum for all maturities. Calculate the equilibrium price of gold futures for delivery in one year
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To calculate the equilibrium price of gold futures for delivery in one year we need ... View the full answer
Related Book For 
Fixed Income Securities Valuation Risk and Risk Management
ISBN: 978-0470109106
1st edition
Authors: Pietro Veronesi
Posted Date:
