Assuming an annual risk-free rate of interest of 12 percent, Financial Management

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Assuming an annual risk-free rate of interest of 12 percent

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: Assuming an annual risk-free rate of interest of 12 percent

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Financial Management: Assuming an annual risk-free rate of interest of 12 percent

Reference No:- TGS01718108

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