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A 1-year gold futures contract is selling for $1,652. Spot gold prices are $1,618 and the 1-year risk-free rate is 2%. The arbitrage profit implied
| A 1-year gold futures contract is selling for $1,652. Spot gold prices are $1,618 and the 1-year risk-free rate is 2%. |
| The arbitrage profit implied by these prices is _____________. |
$.33
$.79
$1.64
$3.12
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Public Finance Theory And Practice
Authors: M. Marlow
1st Edition
0030969603, 978-0030969607
