Cost of storing gold is zero-that gold provides no income

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1. Evaluate how each of the following topics was influenced by the Progressive Movement and the lasting impact each had on American Society 100-125 words each

Regulation of Business

Greater Democracy

Conservationism

Rise of Professionalism

Prohibition

2. The price of gold is currently 500 USD per ounce. The forward price for delivery in one year is 700 USD. An arbitrageur can borrow money at 10% per annum. What should the arbitrageur do? Assume that the cost of storing gold is zero and that gold provides no income.

Reference no: EM131815481

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