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A 1-year gold futures contract is selling for $2,175. Spot gold prices are $2,088 and the 1-year risk-free rate is 4%. The arbitrage profit implied
| A 1-year gold futures contract is selling for $2,175. Spot gold prices are $2,088 and the 1-year risk-free rate is 4%. |
| The arbitrage profit implied by these prices is _____________. $1.51 $2.63 $3.48 |
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor L Bernard
3rd Edition
0324118945, 9780324118940
