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What is the fair value of a futures contract with a storage cost of 3%, an interest rate of 5%, and a spot price of
What is the fair value of a futures contract with a storage cost of 3%, an interest rate of 5%, and a spot price of $1000 over a 1 year time period?
$1081.50
$1000.00
$1800.00
$1080.00
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Evolutionary Finance
Authors: Bartholomew Frederick Dowling
1st Edition
0230502199, 9780230502192
