Question: ??????? [Arbitrage 2] Consider a one-year futures contract on ( 100 mathrm{oz} ) of gold. We assume no income and that it costs ( $
??????? [Arbitrage 2] Consider a one-year futures contract on \( 100 \mathrm{oz} \) of gold. We assume no income and that it costs \( \$ 3.00 \) per ounce per year to store gold. The spot price is \( \$ 1900 2 answers
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