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Futures price considering both cashflows and storage cost on the underlying Consider an asset priced at $ 87.50. A futures contract on the asset expires

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Futures price considering both cashflows and storage cost on the underlying Consider an asset priced at $ 87.50. A futures contract on the asset expires in 110 days. The risk free rate is 4 percent. The underlying asset's storage costs at the futures expiration equals $2.89 and the compound value at the time of the futures expiration of the positive cashflow from the underlying asset is S0.71. Find the no-arb futures price. 8

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