Business, 18.03.2021 01:30 princessss30188

The spot price of silver is $25 per ounce. The storage costs are $0.24 per ounce per year payable quarterly in advance (meaning, each payment is made at the start of the quarter as opposed to the end). Assuming that interest rates are 5% per annum for all maturities, calculate the futures price of silver for delivery in 9 months.

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The spot price of silver is $25 per ounce. The storage costs are $0.24 per ounce per year payable qu...

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