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Consider the commodities and financial assets listed in the following table: Magnoosium Oat bran Asset Biotech stock index Allen Wrench Co. common stock 5-year

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Consider the commodities and financial assets listed in the following table: Magnoosium Oat bran Asset Biotech stock index Allen Wrench Co. common stock 5-year Treasury note Westonian ruple Spot Price $2,960 per ton $0.60 per bushel $141.8 Comments = Net convenience yield 4% per year Net convenience yield = 0.6% per month Dividend = 0 Cash dividend $59.60 $110.53 8% coupon 3.26 ruples $1 = $4.00 per year 13% interest rate in ruples The risk-free interest rate is 7% a year, and the term structure is flat. a. Calculate the six-month futures price for each case. (Do not round intermediate calculations. Round the Westonian ruple value to 3 decimal places and the other answers to 2 decimal places.) Asset Magnoosium Oat bran Biotech stock index Allen Wrench Co. common stock 5-year Treasury note Westonian ruple Future Price per ton per bushel ruples/$ e. Suppose Allen Wrench stock falls suddenly by $14.00 per share. Investors are confident that the cash dividend will not be reduced. What happens to the futures price? (Do not round intermediate calculations. Round your answer to 2 decimal places.) The futures price will fall to

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