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"Gold spot price is currently at $1900. Continuously compounding interest rate on dollar is 1%....

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Accounting

"Gold spot price is currently at $1900. Continuously compounding interest rate on dollar is 1%. Assume there is no storage or other cost/benefit on gold. If you are short 5 contracts of gold futures with expiry 2 years from now and delivery price of $1800, what is the value of vour short position? Each contract is 100 shares. Round to integer."
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