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The spot price of an commodity asset is $30 /unit and the risk-free rate for all maturities is 10% with continuous compounding. The asset provides
The spot price of an commodity asset is $30 /unit and the risk-free rate for all maturities is 10% with continuous compounding. The asset provides a storage cost of $2/unit at the end of the first year and at the end of the second year. What is the three-year forward price? $19.67$35.84$40.50$45.15
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