1-year futures price of gold is Rs. 500/g. What should be the 2 year futures price of gold assuming an annual interest rate of 10% and there are no transaction costs? If a 2 year future's price on gold is Rs. 560/g, what kind of arbitrage opportunity arises and how are you going to earn that arbitrage profit? If a 2-year futures price on gold is Rs. 540/g. what kind of arbitrage opportunity arises and how are you going to earn that arbitrage profit ?