Nine-Month Gold Futures Are Trading for $1565 Per Ounce

Nine-month gold futures are trading for $1565 per ounce.The spot price is $1509 per ounce.LIBOR during each of the upcoming 4 quarters is listed as 1.04%,1.22%,1.30%,and 1.35%,respectively.Calculate the 9-month lease rate on the futures contract.

A) 2.4%
B) 2.1%
C) 1.3%
D) 0.0%