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A 1-year gold futures contract is selling for $2,031. Spot gold prices are $1,908 and the 1-year risk-free rate is 6% The arbitrage profit implied

A 1-year gold futures contract is selling for $2,031. Spot gold prices are $1,908 and the 1-year risk-free rate is 6% The arbitrage profit implied by these prices is $10.00 $8.52 $6.55 $7.67

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