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3.11 Extension of the Gold example (Page 55) For any investment asset that provides no income and has no storage costs F= Sc 0小 Options, Futures, and Other Derivatives, 4th edition@ 2000 by John C. Hull Tang Yincai, C 2003, Shanghai Normal University3.11 Options, Futures, and Other Derivatives, 4th edition © 2000 by John C. Hull Tang Yincai, © 2003, Shanghai Normal University Extension of the Gold Example (Page 55) • For any investment asset that provides no income and has no storage costs F0 = S0 e rT
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