Question
Copper spot price is $3.50 a pound. The cost of carry for copper is 3.2% and the current risk-free rate is 2.2%, both rates are
Copper spot price is $3.50 a pound. The cost of carry for copper is 3.2% and the current risk-free rate is 2.2%, both rates are per annum with continuous compound. The future price is $3.55 for delivery in 6-months. What is convenience yield on copper?
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Finance And Economics Discussion Series The Evolution Of The Demand For Temporary Help Supply Employment In The United States
Authors: United States Federal Reserve Board, Marcello Estevao, Saul Lach
1st Edition
1288717881, 9781288717880
