The spot price of wheat is 638 cents per bushel and the annualized risk free interest rate is 3.00%. Given a lease rate of 1.18%, a continuously paid storage rate of 1.25%, and a convenience yield of 1.02%, what is the no-arbitrage price range of a 1-year forward contract (in cents)? 0651.21 to 657.89 0640.26 to 651.03 653.72 to 667.04 ( 648.07 to 652.34