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I have a finance question. The current risk-free interest rate is 5%. A gold futures and a forward contract have a one-year delivery strike price of...

I have a finance question. The current risk-free interest rate is 5%. A gold futures and a forward contract have a one-year delivery strike price of $1,450 per oz. The current price of gold is $1,000. What will the change in the value of the futures contract be as a result of a change in the price of gold that causes the value of a forward contract to increase by $3.50? Can you give me the process?

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