To store the commodiy for the life of the futures contract


Would greatly appriecate someone with a lot of experience in Future/Spot Pricing to help me see how this problem works for an upcoming test.

Suppose there is a commodity in which the epected future spot price is $57. To induce investors to take on risk, $5.25 is required.

To store the commodiy for the life of the futures contract would cost $6.35. Find the futures price futures price

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Financial Management: To store the commodiy for the life of the futures contract
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