Question: Urgent ! please answer in 2hours, thanks ! 7. The price of gold spot is $1470 per ounce. The gold forward price for delivery in

Urgent ! please answer in 2hours, thanks !

7. The price of gold spot is $1470 per ounce. The gold forward price for delivery in 2 months is $1480. The interest rate (continuously compounded, annualized) is 2 percent per year. Identify an arbitrage opportunity A. Specify the trades you would implement to exploit it (What would you buy? B. What would you sell? C. Would you borrow of lend cash?) D. How much money will you make if you trade 10,000 ounces of gold

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