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The spot price of oil is $90.0 per barrel and the cost of storing a barrel of oil for one year is $2, payable at
The spot price of oil is $90.0 per barrel and the cost of storing a barrel of oil for one year is $2, payable at the end of the year. The risk-free interest rate is 5.0% per annum continuously compounded. What is the estimated one-year futures price of oil
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