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The futures price on a gold contract is $1,383. The current spot price on gold is $1,258 and the risk-free rate is 2.5%. The storage

The futures price on a gold contract is $1,383. The current spot price on gold is $1,258 and the risk-free rate is 2.5%. The storage cost of gold is 3.5%.

What is the profit today of an arbitrage investment? Enter your profit as a positive number.

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