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Supposethat The spot price of gold is US$1,200 The 1year forward price of gold is US$i ,300 The 1year US$ interest rate is 5% per

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Supposethat The spot price of gold is US$1,200 The 1year forward price of gold is US$i ,300 The 1year US$ interest rate is 5% per annum Is there an arbitrage opportunity

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