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What is the six-month forward price of gold

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Reference no: EM132884420

Question - The three-month forward price of gold is $1,500 per pound. If the continuously compounded interest rate is 4.33% per annum, what is the six-month forward price of gold?

a. $1,514.12

b. $1,518.78

c. $1,520.83

d. $1,522.67

e. $1,516.34

Reference no: EM132884420

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