Question: Find the maximum possible interest rate if current gold bid-ask prices are quoted as $1100-$1230 and 1-year forward bid-ask gold prices are $1200-$1200. 12.920% 7.448%

Find the maximum possible interest rate if current gold bid-ask prices are quoted as $1100-$1230 and 1-year forward bid-ask gold prices are $1200-$1200.

	12.920%
	7.448%
	13.546%
	12.170%
	None of the above

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