If the three-month futures contract price for silver is currently $18.83 per ounce, what should we expect the current spot price to be if the annual interest rate is 2.75%?
A)$18.65
B)$18.70
C)$18.73
D)$18.78
E)$18.81

Question

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The Answer of If the three-month futures contract price for silver is currently $18.83 per ounce, what should we expect the current spot price to be if the annual interest rate is 2.75%?
A)$18.65
B)$18.70
C)$18.73
D)$18.78
E)$18.81

If the Three-Month Futures Contract Price for Silver Is Currently