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The current price of oat is 643 cents per bushel. The 6-month forward price is 665 cents per bushel. The lease rate on the 6-month

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The current price of oat is 643 cents per bushel. The 6-month forward price is 665 cents per bushel. The lease rate on the 6-month wheat contract is 2.20%. What is the implied annual storage cost if the cost is continuously paid and proportional? The continuously compounded annual risk free interest rate is 6.80%. 2.13% 1.24% 03.07% 4.53%

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