Suppose that the spot price of crude is $58 per barrel and the futures price for delivery

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Suppose that the spot price of crude is $58 per barrel and the futures price for delivery in 1 year is also $58 per barrel. If the interest rate is 2% storage costs are 1% then what is the convenience yield of crude?

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Options Futures and Other Derivatives

ISBN: 978-0134472089

10th edition

Authors: John C. Hull

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Posted Date: Feb 28, 2024 11:19 PM

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Suppose that the spot price of crude is $58 per barrel and the futures price for delivery

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Options Futures and Other Derivatives

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