Question
the convenience yield for the crude oil before storage and insurance cost is 5.5% of price per barrel and the strorage and insurance cost for
the convenience yield for the crude oil before storage and insurance cost is 5.5% of price per barrel and the strorage and insurance cost for crude oil is about 3% of the oil price per barrel. For the market to be in backwardation, what must be the risk free rate?
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Financial Accounting A Focus On Interpretation And Analysis
Authors: Richard F Kochanek, A Douglas Hillman
7th Edition
1111061750, 9781111061753
