Business
Business, 01.03.2021 22:00, agelafa

The price of gold is currently $1,200 per ounce. The forward price for delivery in one year is $1,400. An arbitrageur can borrow money at 6% per annum. What should the arbitrageur do? Assume that the cost of storing gold is zero and that gold provides no income.

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The price of gold is currently $1,200 per ounce. The forward price for delivery in one year is $1,40...

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