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15. Suppose there is a risk premium of $0.50. The spot price is $20 and the futures price is $22. What is the expected spot

15. Suppose there is a risk premium of $0.50. The spot price is $20 and the futures price is $22. What is the expected spot price at expiration? a. $21.50 b. $22.50 c. $20.50 d. $24.50 none of the above 5'\

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