Given that one carat is exactly 200 mg, we can use this conversion factor to find the mass of the diamond in grams.
\[ \text{Mass of diamond} = 24 \text{ carats} \times \frac{200 \text{ mg}}{1 \text{ carat}} \times \frac{1 \text{ g}}{1000 \text{ mg}} = 4.8
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