The current price of gold is 288 per troy ounce the cost of, Ask an Expert

Finance

The current price of gold is $288 per troy ounce. The cost of storing gold is $0.03/oz per month.

Assuming an annual risk-free rate of interest of 12 percent compounded monthly, what is the approximate futures price of gold for delivery in four months?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92070056

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