Question 3: The spot price of steel quoted in MCX on the 1st of January 2022 was INR 54000 per tonne and three-month future rate was 65500 per tonne. Mehransh a smart commodity dealer wants to prof out of these quotations. His Bank charges him an interest rate of 9.76% pa on monthly compounds basis. The storage cost of steel is Rs 10/-per month for every quintal of steel payable at the end of the month. MCX uses CCROI to calculate its future prices. Create a strategy for Mehransh to profit from these circumstances and potential profit per tonne