The futures price for gold for three month contract on gold

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Reference no: EM13922066

The spot price for gold is $1,300 per ounce. The dividend yield on the S&P 500 is 5.4%. The risk-free interest rate is 7.5%. The futures price for gold for a 3-month contract on gold should be __________.

A) $1,254.03

B) $1,303.08

C) $1,318.12

D) $1,306.77

Reference no: EM13922066

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