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Suppose the 1 8 0 - day futures price on gold is RM 1 1 0 . 0 0 per ounce and the volatility is

Suppose the 180-day futures price on gold is RM110.00 per ounce and the volatility is 20.0%. Assume interest rates are 3.5%. What is the price of a RM120 strike call futures option that expires in 180 days?

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