What is the current spot price of gold at the lease rate

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What is the current spot price of gold at the lease rate on the contract is 1.25% the risk free rate is 3% and thr 9 month forward price is $1000?

1. $1,080.92

2. $986.96

3. $964.37

4. $1,052.54

Reference no: EM131045687

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