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When answering the questions below, refer to the following table of commodity forward and spot prices. The annual risk free interest rate is 3.0%. Refer

image text in transcribed When answering the questions below, refer to the following table of commodity forward and spot prices. The annual risk free interest rate is 3.0%. Refer to the table 6.1. What is the approximate annualized lease rate on the 24-month corn forward contract? 6.92% 6.39% 2.25% 7.84% 3.92%

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