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for this trading opportunity i am required to perform the necessary calculations in order to identify a mispricing (this example may not have a mispricing

for this trading opportunity i am required to perform the necessary calculations in order to identify a mispricing (this example may not have a mispricing however the question still asks for the calculations that would be needed to find mispricing if there was one)
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as well as a strategy that would make a risk free profit.

Opportunity 3: Futures for commodities with storage costs The following financial data for trading in a variety of commodities was available on 1 January 2021. The fair strike price for the futures contracts is given for delivery of the commodity on 1 September 2021. All prices are given in GBP (pounds) per ounce. Storage costs are given per ounce for four months of storage and should be paid in advance. Spot price Storage cost per ounce Futures Gold 1081.98 8 1102.87 Iridium 1161.39 6 1178.63 Palladium 1082.14 5 1097.02

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