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If the seven-month futures contract price for rhodium is currently $12,100 per ounce, what should we expect the current spot price to be if the

If the seven-month futures contract price for rhodium is currently $12,100 per ounce, what should we expect the current spot price to be if the annual interest rate is 2.2%?

a. $11,947.37

b. $11,947.79

c. $12,254.58

d. $11,948.39

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