ESA-FIN 4423 (a) Spot price of Platinum is $990 per ounce Camying costs (anualzed) hee the tlowngcopo Obtain the carrying-cost per year. Using the cost-of-camy formulo.mame current price of a piatinum futures contract which is going to mature)mort2 $1.050 Besec on he compu (b) Assume that tho market price of the sia-month platinum futures today price above, is there an arbitrage possibility? Show the aiage (c) October oorm is selling 254 30 and December com @256.60 A this time of the year, the sprend betwe the Oct-Dec com contracts is expected to be 280 What position can you set up todey to epist the perceived" mis-pricing? What are the potortial risks that you will be exposed to? Whait will be the amout of profit if the position is closed out when the actual spread is 2.957 ESA-FIN 4423 (a) Spot price of Platinum is $990 per ounce Camying costs (anualzed) hee the tlowngcopo Obtain the carrying-cost per year. Using the cost-of-camy formulo.mame current price of a piatinum futures contract which is going to mature)mort2 $1.050 Besec on he compu (b) Assume that tho market price of the sia-month platinum futures today price above, is there an arbitrage possibility? Show the aiage (c) October oorm is selling 254 30 and December com @256.60 A this time of the year, the sprend betwe the Oct-Dec com contracts is expected to be 280 What position can you set up todey to epist the perceived" mis-pricing? What are the potortial risks that you will be exposed to? Whait will be the amout of profit if the position is closed out when the actual spread is 2.957