Question: Suppose that the term structure is flat at 1% (EAR). (a) Suppose that copper trades for S0c = $2 per pound at t = 0.

Suppose that the term structure is flat at 1% (EAR). (a) Suppose that copper trades for S0c = $2 per pound at t = 0. Assume that there are is no convenience yield or storage costs for copper. W...

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