angus9406 angus9406

30-04-2024
Mathematics

Answered

On February 28, the spot price of crude oil was 59.19/bbl and July crude oil futures traded at 55.658/bbl. On April 28, the spot price of crude oil was 51.386/bbl and July crude oil futures traded at 54.852/bbl. Calculate the change in basis between february 28 and April 28

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