Problem 1. The current forward price on gold is $1,620 per troy ounce. You entered...
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Accounting
Problem 1. The current forward price on gold is $1,620 per troy ounce. You entered into a forward contract to deliver 200 troy ounces of gold at the current forward price, the value of your contract is
(a) 324,000 dollars. (b) 1,620 dollars.
(c) 1,620 dollars. (d) zero dollars.
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