Explain carefully why the futures price of gold can be calculated from its spot price
Chapter 5, Problem 5.5(choose chapter or problem)
Explain carefully why the futures price of gold can be calculated from its spot price and other observable variables whereas the futures price of copper cannot.
Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.
Becoming a subscriber
Or look for another answer