What lease rate will forward prices equal the current
Given a continuously compounded risk-free rate of 3% annually, at what lease rate will forward prices equal the current commodity price? (Recall the copper example in Section 3). If the lease rate were 3.5%, would there be contango or backwardation?
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given a continuously compounded risk-free rate of 3 annually at what lease rate will forward prices equal the current
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yield to maturity and future pricea bond has a 1000 par value 12 years to maturity and a 9 annual coupon and sells for
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