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Todays spot price of gold is $1,600 per ounce. The continuously compounded interest rate is 5 percent per year. The quoted six-month forward price for

Todays spot price of gold is $1,600 per ounce. The continuously compounded interest rate is 5 percent per year. The quoted six-month forward price for gold is $1,650. The arbitrage profit that you can make today by trading one forward contract and other securities is

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