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3. The current price of gold is $300 per ounce. Assume a zero carrying cost for gold. The risk-free rate of interest is 6%. What

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3. The current price of gold is $300 per ounce. Assume a zero carrying cost for gold. The risk-free rate of interest is 6%. What should be the price of a gold futures contract that expires in 90 days? Tot 90 A futures contract on the asset expires in 150 days. The risk

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