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What s the expected futures price for gold based on the information below? Spot price: $ 1 , 5 0 0 per troy ounce Secured

What

s the expected futures price for gold based on the information below?

Spot price: $

1, 500

per troy ounce

Secured storage cost: $

250

per troy ounce

Insurance cost: $

300

per troy ounce

Convenience benefit: $

400

per troy ounce

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