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the spot rare for soybeans is 1320 and the 6 month forward price is 1350 the risk free is 4% the lease rate on the

the spot rare for soybeans is 1320 and the 6 month forward price is 1350 the risk free is 4% the lease rate on the 6 month soybean contract is 0.35%. What is the implied annual storage cost if the cost is continuously paid and proportional?

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