The spot price of gold is 1200 per ounce assuming the
The spot price of gold is $1200 per ounce. Assuming the one-year risk-free interest rate is 10% and the cost of storing gold is zero, what is your best estimate of the one-year forward price of gold?
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the spot price of gold is 1200 per ounce assuming the one-year risk-free interest rate is 10 and the cost of storing
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