One month later the forward price is 6350 the spot price is


A speculator buys a three month forward contract on 1000 barrels of ail at $65 a barrel. One month later, the forward price is $63.50, the spot price is $63. Risk free rate is 5% p.a. c.c. What is the value of the forward contract?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: One month later the forward price is 6350 the spot price is
Reference No:- TGS02420784

Expected delivery within 24 Hours