Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Management Capital Budgeting Inventory Management
What is the one-month forward price of crude oil trading at $ 70 a barrel when annual interest rate is 6 percent and monthly storage cost amounts to $ 0.60?
1
$ 69.75
2
$ 70.25
3
$ 70.95
4
$ 69.05