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COMIND Index is computed by averaging commodity prices. Compute the five-month forward price for this index if the spot price is 1,000 and the continuously
COMIND Index is computed by averaging commodity prices. Compute the five-month forward price for this index if the spot price is 1,000 and the continuously compounded annual rates for various costs and benefits are 5 percent for the interest rate, 3 percent for the dividend yield, 4 percent for the storage cost, and 3 percent for the convenience yield.
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