Today is January 1. Forward prices for gold forward maturing on April 1 is $1,500 per ounce.
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In this problem we first find the spot price and use this to compute the August forward price The da...View the full answer
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Related Book For
An Introduction to Derivative Securities Financial Markets and Risk Management
ISBN: 978-0393913071
1st edition
Authors: Robert A. Jarrow, Arkadev Chatterjee
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