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Assuming the current commodity price is 20$ and the futures contract price expiring in 6 months is 22$ what is the convenience yield assuming the
Assuming the current commodity price is 20$ and the futures contract price expiring in 6 months is 22$ what is the convenience yield assuming the risk free rate is 5%?
14.06% | ||
12.56% | ||
13.2% | ||
NONE OF THE ABOVE |
PLEASE EXPLAIN
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