Question
What is the 4-month forward price corn if the spot price is $3.80, the risk-free rate is 0.80%, storage costs are 0.30%, and the convenience
What is the 4-month forward price corn if the spot price is $3.80, the risk-free rate is 0.80%, storage costs are 0.30%, and the convenience yield is 0.12%? Round your answer to the nearest 0.01, in percentage terms.
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Principles Of Macroeconomics
Authors: Frank, Bernanke, Antonovics, Heffetz
3rd Edition
1259117162, 9781259117169
