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  3. 2) a 1-year gold futures contract is selling for $

2) A 1-year gold futures contract is selling for $1,902. Spot gold prices are $1,842...

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2) A 1-year gold futures contract is selling for $1,902. Spot gold prices are $1,842 and the 1-year risk-free rate is 3%. The arbitrage profit implied by these prices is

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