Question in Finance

13. The spot price for smoked salmon is $5,000 per ton and its six-month futures price is $4,800. The monthly interest rate is .0025 (-25%). (a) What is the average monthly net convenience yield on smoked salmon for the next six months? (b) If you are a manager of Bread&Circus and need 10 tons of smoked salmon in six months. How can you avoid the risk in the price of smoked salmon over the next six months using futures