Question
On September 26, the spot price of wheat was $3.5225 per bushel. The interest forgone on money tied up in a bushel until expiration is
On September 26, the spot price of wheat was $3.5225 per bushel. The interest forgone on money tied up in a bushel until expiration is $0.03, and the cost of storing the wheat is $0.0875 per bushel. The risk premium is $0.035 per bushel. What is the futures price at expiration?
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Asset Allocation Strategies For Mutual Funds Evaluating Performance Risk And Return
Authors: Giuseppe Galloppo
1st Edition
3030761274,3030761282
