Change in annually compounded risk-free rate

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Calculate the net effect that a change in the annually compounded risk-free rate from 6.83 percent to 6.60 percent would make on the price of a commodity futures contract whose spot prices as of March 30 was $49.90, assuming that there is a $5.60 storage cost and the futures contract expires on November 30.

Reference no: EM132029836

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