Question
5. Oil is $50 per barrel for purchase tomorrow. The 2 month gold future is $47 an ounce. Interest rates are 2%. You cant assume
5. Oil is $50 per barrel for purchase tomorrow. The 2 month gold future is $47 an ounce. Interest rates are 2%.
You cant assume you can borrow the oil.
What is the convenience yield?
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Cost Benefit Analysis Concepts And Practice
Authors: Anthony E. Boardman, David H. Greenberg, Aidan R. Vining, David L. Weimer
3rd Edition
0131435833, 978-0131435834
