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What is the price per ounce of gold of a seven-month gold futures contract given the information below. (Do not include a dollar sign ($)
What is the price per ounce of gold of a seven-month gold futures contract given the information below. (Do not include a dollar sign ($) in your answer as Blackboard will automatically mark it wrong.) Spot price $1420 Risk-free rate = 2% Storage, insurance, and other related costs 4%
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