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【FRM每日一题】一级:金融市场&估值

【FRM每日一题】一级:金融市场&估值

备考FRM一级  |  2015-11-13

A company entered in a one-year forward contract that buying 100 ounces of gold three months ago. When the price was USD 1,000 per ounce. The nine-month forward price of gold is now USD 1,050 per ounce. The continuously-compounded risk-free rate is 4% per year for all maturities and there are no storage costs. The value of the contract is closet to:

A.USD 5,000

B.USD 4,852

C.USD 6,864

D.USD 2,826

Answer: B

The value of the contract is:



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