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On the online exchange, a March future contract on Italian Lira was available in June for $0.08 per unit. Forward contracts were also available for

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On the online exchange, a March future contract on Italian Lira was available in June for $0.08 per unit. Forward contracts were also available for the same/settlement date at a price of $0.082 per Italian Lira unit. Explain all steps how a speculator may capitalize on this situation with zero transaction costs assumed. How would this affect the difference between the forward contract price and the futures price

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