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The spot price of soybean is 4.28 $/bushel and the 6-month soybean futures price is 4.36 $/bushel. The annual continuously compounded storage rate is 0.7%

The spot price of soybean is 4.28 $/bushel and the 6-month soybean futures price is 4.36 $/bushel. The annual continuously compounded storage rate is 0.7% and interest rate is 4%. What is annualized convenience yield related to the 6-month soybean contract?

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