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Consider an asset priced at $70. A futures contract on this asset expires in 55 days. The risk-free interest rate is 9.0

Posted: Thu May 05, 2022 8:11 am
by answerhappygod
Consider an asset priced at $70. A futures contract on
this asset expires in 55 days. The risk-free interest rate is
9.0%. The underlying asset's storage cost is $3.50, and
the future value of positive cash flow from the underlying asset is
$0.75 at expiration. The appropriate futures price is
$: