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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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