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Question 11 1 pts Today is January 1. The forward price for contracts maturing on April 1 is $104.5 and on October 1 is $110.5.

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Question 11 1 pts Today is January 1. The forward price for contracts maturing on April 1 is $104.5 and on October 1 is $110.5. On April 1, the price of a zero-coupon bond maturing on October 1 is $0.976. Assuming that the underlying interest rate is a continuously compounded interest rate and will not change, the amount of profit that you can make on October 1 by trading one contract each of the near and distant maturity forwards and other securities is: [round to two decimal places]

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