1. The Web sites of the major commodities exchanges provide futures prices. Calculate and plot (as in...

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1. The Web sites of the major commodities exchanges provide futures prices. Calculate and plot (as in Figure 26.2) the annualized net convenience yield for a commodity of your choice. ( Note: You may need to use the futures price of a contract that is about to mature as your estimate of the current spot price.)

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Principles Of Corporate Finance

ISBN: 9780071314176

10th Global Edition

Authors: Richard Brealey

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