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Finance Assignment | Top Essay Writing

The price of gold is $1000 per ounce, the riskless rate of interest is 5% c.c. and the annualized storage cost of gold is 1% c.c. Some market participants expect the price of gold may fall 50% in the next six months. What is the no-arbitrage price for a futures contract on gold with a term of 6 months? Get Finance homework help today

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