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1) The silver futures contract (November 2018) is currently quoted at a spot price of $14 per ounce, and the risk-free rate is at 2.5%.

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1) The silver futures contract (November 2018) is currently quoted at a spot price of $14 per ounce, and the risk-free rate is at 2.5%. a) What's the silver futures price (F) for November 2019 according to spot future parity? b) Calculate the basis between these two futures

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