Question: Find the minimum and maximum possible 7-month gold forward price if spot gold bid-ask prices are $1220- $1240 per oz, you can borrow funds at

 Find the minimum and maximum possible 7-month gold forward price if

Find the minimum and maximum possible 7-month gold forward price if spot gold bid-ask prices are $1220- $1240 per oz, you can borrow funds at 5% and you can invest at 4.5%

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