SlideShare a Scribd company logo
1 of 1
Download to read offline
"It is currently January 2011 and the futures price for June WTI crude oil is $90.75/bbl. The 6-
month LIBOR is 1.45% p.a. and storage costs for crude is about 7% p.a. If the spot price is
$92.50/bbl, what is the convenience yield implied by this? "

More Related Content

More from aggarwalenterprisesf

Investigue Halcones de cola roja usando la enciclopedia en l�nea All.pdf
Investigue Halcones de cola roja usando la enciclopedia en l�nea All.pdfInvestigue Halcones de cola roja usando la enciclopedia en l�nea All.pdf
Investigue Halcones de cola roja usando la enciclopedia en l�nea All.pdfaggarwalenterprisesf
 
Introducci�nCochinillas En el ejercicio de hoy, utilizaremos el.pdf
Introducci�nCochinillas En el ejercicio de hoy, utilizaremos el.pdfIntroducci�nCochinillas En el ejercicio de hoy, utilizaremos el.pdf
Introducci�nCochinillas En el ejercicio de hoy, utilizaremos el.pdfaggarwalenterprisesf
 
Introducci�n El vocabulario, como una de las �reas de conocimient.pdf
Introducci�n El vocabulario, como una de las �reas de conocimient.pdfIntroducci�n El vocabulario, como una de las �reas de conocimient.pdf
Introducci�n El vocabulario, como una de las �reas de conocimient.pdfaggarwalenterprisesf
 
Internet providers can be considered a monopoly where consumers have.pdf
Internet providers can be considered a monopoly where consumers have.pdfInternet providers can be considered a monopoly where consumers have.pdf
Internet providers can be considered a monopoly where consumers have.pdfaggarwalenterprisesf
 
Instructions The paper should be in APA format with 3-4 pages doubl.pdf
Instructions The paper should be in APA format with 3-4 pages doubl.pdfInstructions The paper should be in APA format with 3-4 pages doubl.pdf
Instructions The paper should be in APA format with 3-4 pages doubl.pdfaggarwalenterprisesf
 
InstructionsAssume that your class group has been selected and hir.pdf
InstructionsAssume that your class group has been selected and hir.pdfInstructionsAssume that your class group has been selected and hir.pdf
InstructionsAssume that your class group has been selected and hir.pdfaggarwalenterprisesf
 
Instrucciones Imagine que forma parte de un equipo de investigaci�.pdf
Instrucciones Imagine que forma parte de un equipo de investigaci�.pdfInstrucciones Imagine que forma parte de un equipo de investigaci�.pdf
Instrucciones Imagine que forma parte de un equipo de investigaci�.pdfaggarwalenterprisesf
 
In what way are the emerging trends of working couples, lower birthr.pdf
In what way are the emerging trends of working couples, lower birthr.pdfIn what way are the emerging trends of working couples, lower birthr.pdf
In what way are the emerging trends of working couples, lower birthr.pdfaggarwalenterprisesf
 
In this assignment, you examine the Supreme Court case of Terry v. O.pdf
In this assignment, you examine the Supreme Court case of Terry v. O.pdfIn this assignment, you examine the Supreme Court case of Terry v. O.pdf
In this assignment, you examine the Supreme Court case of Terry v. O.pdfaggarwalenterprisesf
 
In the SS partnership (to which Fozzie seeks admittance), the capita.pdf
In the SS partnership (to which Fozzie seeks admittance), the capita.pdfIn the SS partnership (to which Fozzie seeks admittance), the capita.pdf
In the SS partnership (to which Fozzie seeks admittance), the capita.pdfaggarwalenterprisesf
 
IN PYTHONCreate your own list of random integers, do not use r.pdf
IN PYTHONCreate your own list of random integers, do not use r.pdfIN PYTHONCreate your own list of random integers, do not use r.pdf
IN PYTHONCreate your own list of random integers, do not use r.pdfaggarwalenterprisesf
 
In relation to your focal organization� the company is Apple.Apply.pdf
In relation to your focal organization� the company is Apple.Apply.pdfIn relation to your focal organization� the company is Apple.Apply.pdf
In relation to your focal organization� the company is Apple.Apply.pdfaggarwalenterprisesf
 
In 2022, Jasmine and Thomas, a married couple, had taxable income of.pdf
In 2022, Jasmine and Thomas, a married couple, had taxable income of.pdfIn 2022, Jasmine and Thomas, a married couple, had taxable income of.pdf
In 2022, Jasmine and Thomas, a married couple, had taxable income of.pdfaggarwalenterprisesf
 
In 2020, Caterpillar Incorporated had about 540 million shares outst.pdf
In 2020, Caterpillar Incorporated had about 540 million shares outst.pdfIn 2020, Caterpillar Incorporated had about 540 million shares outst.pdf
In 2020, Caterpillar Incorporated had about 540 million shares outst.pdfaggarwalenterprisesf
 
In essay format and integrating evidence from the course readings, d.pdf
In essay format and integrating evidence from the course readings, d.pdfIn essay format and integrating evidence from the course readings, d.pdf
In essay format and integrating evidence from the course readings, d.pdfaggarwalenterprisesf
 
In his book The Age of Turbluence, Alan Greenspan explained the con.pdf
In his book The Age of Turbluence, Alan Greenspan explained the con.pdfIn his book The Age of Turbluence, Alan Greenspan explained the con.pdf
In his book The Age of Turbluence, Alan Greenspan explained the con.pdfaggarwalenterprisesf
 
In C#, visual studio, I want no more text boxes added, I have button.pdf
In C#, visual studio, I want no more text boxes added, I have button.pdfIn C#, visual studio, I want no more text boxes added, I have button.pdf
In C#, visual studio, I want no more text boxes added, I have button.pdfaggarwalenterprisesf
 
In 2016, the Pew Research Center conducted a survey of 1,004 Canadia.pdf
In 2016, the Pew Research Center conducted a survey of 1,004 Canadia.pdfIn 2016, the Pew Research Center conducted a survey of 1,004 Canadia.pdf
In 2016, the Pew Research Center conducted a survey of 1,004 Canadia.pdfaggarwalenterprisesf
 
In Bangladesh, where labor is relatively abundant, bricks are produ.pdf
In Bangladesh, where labor is relatively abundant, bricks are produ.pdfIn Bangladesh, where labor is relatively abundant, bricks are produ.pdf
In Bangladesh, where labor is relatively abundant, bricks are produ.pdfaggarwalenterprisesf
 
In April 2021, the Soccer world was thrown into a turmoil as 12 of t.pdf
In April 2021, the Soccer world was thrown into a turmoil as 12 of t.pdfIn April 2021, the Soccer world was thrown into a turmoil as 12 of t.pdf
In April 2021, the Soccer world was thrown into a turmoil as 12 of t.pdfaggarwalenterprisesf
 

More from aggarwalenterprisesf (20)

Investigue Halcones de cola roja usando la enciclopedia en l�nea All.pdf
Investigue Halcones de cola roja usando la enciclopedia en l�nea All.pdfInvestigue Halcones de cola roja usando la enciclopedia en l�nea All.pdf
Investigue Halcones de cola roja usando la enciclopedia en l�nea All.pdf
 
Introducci�nCochinillas En el ejercicio de hoy, utilizaremos el.pdf
Introducci�nCochinillas En el ejercicio de hoy, utilizaremos el.pdfIntroducci�nCochinillas En el ejercicio de hoy, utilizaremos el.pdf
Introducci�nCochinillas En el ejercicio de hoy, utilizaremos el.pdf
 
Introducci�n El vocabulario, como una de las �reas de conocimient.pdf
Introducci�n El vocabulario, como una de las �reas de conocimient.pdfIntroducci�n El vocabulario, como una de las �reas de conocimient.pdf
Introducci�n El vocabulario, como una de las �reas de conocimient.pdf
 
Internet providers can be considered a monopoly where consumers have.pdf
Internet providers can be considered a monopoly where consumers have.pdfInternet providers can be considered a monopoly where consumers have.pdf
Internet providers can be considered a monopoly where consumers have.pdf
 
Instructions The paper should be in APA format with 3-4 pages doubl.pdf
Instructions The paper should be in APA format with 3-4 pages doubl.pdfInstructions The paper should be in APA format with 3-4 pages doubl.pdf
Instructions The paper should be in APA format with 3-4 pages doubl.pdf
 
InstructionsAssume that your class group has been selected and hir.pdf
InstructionsAssume that your class group has been selected and hir.pdfInstructionsAssume that your class group has been selected and hir.pdf
InstructionsAssume that your class group has been selected and hir.pdf
 
Instrucciones Imagine que forma parte de un equipo de investigaci�.pdf
Instrucciones Imagine que forma parte de un equipo de investigaci�.pdfInstrucciones Imagine que forma parte de un equipo de investigaci�.pdf
Instrucciones Imagine que forma parte de un equipo de investigaci�.pdf
 
In what way are the emerging trends of working couples, lower birthr.pdf
In what way are the emerging trends of working couples, lower birthr.pdfIn what way are the emerging trends of working couples, lower birthr.pdf
In what way are the emerging trends of working couples, lower birthr.pdf
 
In this assignment, you examine the Supreme Court case of Terry v. O.pdf
In this assignment, you examine the Supreme Court case of Terry v. O.pdfIn this assignment, you examine the Supreme Court case of Terry v. O.pdf
In this assignment, you examine the Supreme Court case of Terry v. O.pdf
 
In the SS partnership (to which Fozzie seeks admittance), the capita.pdf
In the SS partnership (to which Fozzie seeks admittance), the capita.pdfIn the SS partnership (to which Fozzie seeks admittance), the capita.pdf
In the SS partnership (to which Fozzie seeks admittance), the capita.pdf
 
IN PYTHONCreate your own list of random integers, do not use r.pdf
IN PYTHONCreate your own list of random integers, do not use r.pdfIN PYTHONCreate your own list of random integers, do not use r.pdf
IN PYTHONCreate your own list of random integers, do not use r.pdf
 
In relation to your focal organization� the company is Apple.Apply.pdf
In relation to your focal organization� the company is Apple.Apply.pdfIn relation to your focal organization� the company is Apple.Apply.pdf
In relation to your focal organization� the company is Apple.Apply.pdf
 
In 2022, Jasmine and Thomas, a married couple, had taxable income of.pdf
In 2022, Jasmine and Thomas, a married couple, had taxable income of.pdfIn 2022, Jasmine and Thomas, a married couple, had taxable income of.pdf
In 2022, Jasmine and Thomas, a married couple, had taxable income of.pdf
 
In 2020, Caterpillar Incorporated had about 540 million shares outst.pdf
In 2020, Caterpillar Incorporated had about 540 million shares outst.pdfIn 2020, Caterpillar Incorporated had about 540 million shares outst.pdf
In 2020, Caterpillar Incorporated had about 540 million shares outst.pdf
 
In essay format and integrating evidence from the course readings, d.pdf
In essay format and integrating evidence from the course readings, d.pdfIn essay format and integrating evidence from the course readings, d.pdf
In essay format and integrating evidence from the course readings, d.pdf
 
In his book The Age of Turbluence, Alan Greenspan explained the con.pdf
In his book The Age of Turbluence, Alan Greenspan explained the con.pdfIn his book The Age of Turbluence, Alan Greenspan explained the con.pdf
In his book The Age of Turbluence, Alan Greenspan explained the con.pdf
 
In C#, visual studio, I want no more text boxes added, I have button.pdf
In C#, visual studio, I want no more text boxes added, I have button.pdfIn C#, visual studio, I want no more text boxes added, I have button.pdf
In C#, visual studio, I want no more text boxes added, I have button.pdf
 
In 2016, the Pew Research Center conducted a survey of 1,004 Canadia.pdf
In 2016, the Pew Research Center conducted a survey of 1,004 Canadia.pdfIn 2016, the Pew Research Center conducted a survey of 1,004 Canadia.pdf
In 2016, the Pew Research Center conducted a survey of 1,004 Canadia.pdf
 
In Bangladesh, where labor is relatively abundant, bricks are produ.pdf
In Bangladesh, where labor is relatively abundant, bricks are produ.pdfIn Bangladesh, where labor is relatively abundant, bricks are produ.pdf
In Bangladesh, where labor is relatively abundant, bricks are produ.pdf
 
In April 2021, the Soccer world was thrown into a turmoil as 12 of t.pdf
In April 2021, the Soccer world was thrown into a turmoil as 12 of t.pdfIn April 2021, the Soccer world was thrown into a turmoil as 12 of t.pdf
In April 2021, the Soccer world was thrown into a turmoil as 12 of t.pdf
 

Recently uploaded

Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for BeginnersSabitha Banu
 
CELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxCELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxJiesonDelaCerna
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxsocialsciencegdgrohi
 
Roles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in PharmacovigilanceRoles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in PharmacovigilanceSamikshaHamane
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsanshu789521
 
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfSumit Tiwari
 
Biting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfBiting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfadityarao40181
 
Capitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitolTechU
 
MARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupMARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupJonathanParaisoCruz
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentInMediaRes1
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Educationpboyjonauth
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaVirag Sontakke
 
Pharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdfPharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdfMahmoud M. Sallam
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxOH TEIK BIN
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentInMediaRes1
 
भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,Virag Sontakke
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxthorishapillay1
 

Recently uploaded (20)

Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for Beginners
 
CELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxCELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptx
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
 
Roles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in PharmacovigilanceRoles & Responsibilities in Pharmacovigilance
Roles & Responsibilities in Pharmacovigilance
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha elections
 
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
 
Biting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfBiting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdf
 
Capitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptxCapitol Tech U Doctoral Presentation - April 2024.pptx
Capitol Tech U Doctoral Presentation - April 2024.pptx
 
MARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupMARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized Group
 
Meghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media ComponentMeghan Sutherland In Media Res Media Component
Meghan Sutherland In Media Res Media Component
 
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdfTataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Education
 
Painted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of IndiaPainted Grey Ware.pptx, PGW Culture of India
Painted Grey Ware.pptx, PGW Culture of India
 
Pharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdfPharmacognosy Flower 3. Compositae 2023.pdf
Pharmacognosy Flower 3. Compositae 2023.pdf
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptx
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media Component
 
भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptx
 
ESSENTIAL of (CS/IT/IS) class 06 (database)
ESSENTIAL of (CS/IT/IS) class 06 (database)ESSENTIAL of (CS/IT/IS) class 06 (database)
ESSENTIAL of (CS/IT/IS) class 06 (database)
 

It is currently January 2011 and the futures price for June WTI cru.pdf

  • 1. "It is currently January 2011 and the futures price for June WTI crude oil is $90.75/bbl. The 6- month LIBOR is 1.45% p.a. and storage costs for crude is about 7% p.a. If the spot price is $92.50/bbl, what is the convenience yield implied by this? "