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On May 31, 2016, the exchange rate of U.S. dollars for Bitcoins was Ƀ535.592. Three months...

On May 31, 2016, the exchange rate of U.S. dollars for Bitcoins was Ƀ535.592. Three months later on August 31, 2016, the exchange rate was Ƀ572.187. If a Learjet 85 carries a price of $21 million, what is the difference in price a purchaser would pay in Bitcoins if the jet were purchased on August 31 rather than May 31, 2016?

What should be the one-year forward rate in order to prevent any arbitrage?

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