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SOLVED:The current price of silver is 9 per ounce. The storage costs are 0.24 per ounce per year payable quarterly in advance, Assuming that interest rates are 10 % per annum for all maturitics, calculate the futures price of silver for delivery in nine months.

The spot price of silver is 25 per ounce. The storage costs are 0.24 per ounce per year payable quarterly in advance. Assuming that interest rates are 5 % per annum for all maturities, calculate the futures price of silver for delivery in 9 months. | Numerade

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