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Alloyum costs $0.10 per month to store (which is paid up front) but gives a convenience yield of $0.12 per month (which is received on
Alloyum costs $0.10 per month to store (which is paid up front) but gives a convenience yield of $0.12 per month (which is received on the maturity date). If Alloyums spot price S is $200 per ounce and the continuously compounded interest rate r is 5 percent per year, then the six-month forward price is: (Please show all steps)
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