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0. You believe that the cash price of RM1,300 and August futures price of RM1,385 is mismatched. Today is mid July and you plan to

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0. You believe that the cash price of RM1,300 and August futures price of RM1,385 is mismatched. Today is mid July and you plan to create arbitrage opportunity for August CPO futures. If your cost of storage is RM15 per tonne per month and cost of funding physical CPO is 6.5% per annum, show your arbitrage profit, if any, for 100 tonnes of CPO

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