A 3-month contract on coal assuming the current price of


A 3-month contract on coal, assuming the current price of coal is $43.83 per short ton, the storage cost for coal is essentially zero (a ton of coal can be stacked on about a 7-foot diameter space of otherwise vacant land), and the risk free interest rate is 0.85%.

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Financial Management: A 3-month contract on coal assuming the current price of
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