The sport rate for corn is 587 cents per bushel the 6 month


The sport rate for corn is 587 cents per bushel. the 6 month forward price is 600, the 12 month forward price is 587 and the 24 month forward price is 570. The annual risk free interest rate is 3%. what is the approximate annualized lease rate on the 12 month corn forward contract?

Request for Solution File

Ask an Expert for Answer!!
Operation Management: The sport rate for corn is 587 cents per bushel the 6 month
Reference No:- TGS01381401

Expected delivery within 24 Hours