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The spot price of oil is $50 per barrel, storage capacity is currently full, the marginal cost of storing an additional barrel of oil for
The spot price of oil is $50 per barrel, storage capacity is currently full, the marginal cost of storing an additional barrel of oil for six months is $10, and the risk-free interest rate is 0%. What is the maximum futures price for a six month oil futures for which there is no arbitrage opportunity? $30 $40 $50 $60 $70
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