Calculate convenience yield for magnoosium scrap from the following information: Spot price: $2,550 per ton.

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Calculate convenience yield for magnoosium scrap from the following information:
• Spot price: $2,550 per ton.
• Futures price: $2,408 for a one-year contract.
• Interest rate: 12%.
• Storage costs: $100 per year.

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Principles of Corporate Finance

ISBN: 978-0077404895

10th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen

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Question Posted: Dec 31, 2012 10:49 AM

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Calculate convenience yield for magnoosium scrap from the following information: Spot price: $2,550 per ton.

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Principles of Corporate Finance

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