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11. value: 2.00 points A 1-year gold futures contract is selling for $1,839. Spot gold prices are $1,731 and the 1-year risk-free rate is 6%.

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11. value: 2.00 points A 1-year gold futures contract is selling for $1,839. Spot gold prices are $1,731 and the 1-year risk-free rate is 6%. The arbitrage profit implied by these prices is $3.29 $4.14 $5.62 O $2.17

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