Determine the price of the West Texas Intermediate (WTI) crude oil futures contract traded on the New York Mercantile Exchange which has 12 days to expiry, when physical WTI is trading at $75.89 per barrel, the continuously compound rate of return is 3.1855%pa and storage costs are $0.76 per barrel per annum. To answer this question correctly, you MUST research the NYMEX WTI Crude Oil contract to determine how it is quoted. In your answer you also must state the contract unit.