nannan66

no no no please wait hold up mi amigo ....................the bound only exist since not every producer is able to reap convenience yield ...........for example a farmer gets the convenience yield of corn, wheat etc but a watch producer does not vice versa for copper.........so in this case


the range is thus


Se(rf rate+storage costs - conv yield)<F<Se(rf rate+storage costs)



Edited 1 time(s). Last edit at Tuesday, April 12, 2011 at 02:04PM by pimpineasy.