Show that, if y is a commodity's convenience yield and u is its storage cost, the commodity's
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Show that, if y is a commodity's convenience yield and u is its storage cost, the commodity's growth rate in a risk-neutral world is r − y + u, where r is the risk-free rate. Deduce the relationship between the market price of risk of the commodity, its real-world growth rate, its volatility, y, and u.
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