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[Arbitrage 2] Consider a one-year futures contract on 100 oz ofgold. We assume no income and that it costs $3.00 per ounce peryear to store

[Arbitrage 2] Consider a one-year futures contract on 100 oz ofgold. We assume no income and that it costs $3.00 per ounce peryear to store gold. The spot price is $1900 per ounce and therisk-free 2 answers

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