What is the potential arbitrage profit if the 6-month


A stock index spot price is $1,287. The zero coupon interest rate is 3.8%. What is the potential arbitrage profit if the 6-month futures contract on the index is priced at $1,350?

$19.50

$31.50

$63.00

$39.00

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Financial Management: What is the potential arbitrage profit if the 6-month
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