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What is the implied convenience yield if the 8-month soybean forward price is $10.65, the spot price is $10.40 (per bushel), the risk-free rate is
What is the implied convenience yield if the 8-month soybean forward price is $10.65, the spot price is $10.40 (per bushel), the risk-free rate is 0.50%, and storage costs are 5%? Round to the nearest 0.01, in percentage terms
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