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The spot price of soybeans is $13.05 per bushel on March 1, 2022. You are considering March 2023 Soybean futures contracts. Storage of soybeans costs
The spot price of soybeans is $13.05 per bushel on March 1, 2022. You are considering March 2023 Soybean futures contracts. Storage of soybeans costs 4% of the value of the soybeans on an annualized basis, and one-year SOFR is 5.4%. The current convenience yield for March 2023 futures is zero. What is the March 2023 Soybeans futures price for March 1, 2023 delivery
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Municipal Finances A Handbook For Local Governments
Authors: Catherine D. Farvacque-Vitkovic, Mihaly Kopanyi
1st Edition
