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2 ) The current spot price of cotton is 8 0 TL per kg . The current annual interest rate in Turkey is 4 0
The current spot price of cotton is TL per kg The current annual interest rate in Turkey is The annual cost of insuring and storing one ton of cotton in Turkey is TL Given this information; calculate the thoretical price of a cotton futures contract which deliver one ton of cotton with months remaining to maturity. Just write the correct numerical answer using simple interest rate approach and assuming days in a year
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