Question
Market/Contract Price (cents and 1/8 cents per bushel) Spot (Salina, KS) 364 March 2020 (ZCH20) 379'0 May 2020 (ZCK20) 384'6 July 2020 (ZCN20) 388'6 September
Market/Contract Price (cents and 1/8 cents per bushel)
Spot (Salina, KS) 364
March 2020 (ZCH20) 379'0
May 2020 (ZCK20) 384'6
July 2020 (ZCN20) 388'6
September 2020 (ZCU20) 387'4
December 2020 (ZCZ20) 392'0
Assume the price of the March futures is given. What would the price of the May futures need to be for this market to be in a state of "full carry"?
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Private Equity Value Creation Analysis Volume I
Authors: Michael David Reinard
1st Edition
1736077821, 978-1736077825
