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9. Suppose the 1-year (annual effective) risk-free rate is 1% and the 2-year (annual effective) risk-free rates is 1.5% If the futures price for gold

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9. Suppose the 1-year (annual effective) risk-free rate is 1% and the 2-year (annual effective) risk-free rates is 1.5% If the futures price for gold with 12 months to delevery is $1800, what is the future price for gold with 24 months to delivery

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