The spot price of copper is 70 per ounce the 9-month
The spot price of copper is $70 per ounce. The 9-month forward price is $72.13. The continuously compounded risk-free rate is 5%. What is the annualized lease rate for this copper contract?
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the spot price of copper is 70 per ounce the 9-month forward price is 7213 the continuously compounded risk-free rate
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