𝔖 Bobbio Scriptorium
✦   LIBER   ✦

The pricing of commodity contracts

✍ Scribed by Fischer Black


Book ID
116126465
Publisher
Elsevier Science
Year
1976
Tongue
English
Weight
821 KB
Volume
3
Category
Article
ISSN
0304-405X

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πŸ“œ SIMILAR VOLUMES


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## Abstract Commodity pricing models generally explain the link between commodity prices and stock levels in terms of a stock‐out constraint or a convenience yield. Analysis of this link is provided using monthly London Metals Exchange copper, lead, and zinc prices obtained for the period November

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Index (USDX) is a geometric weighted average of ten T major foreign exchange (FX) rates, expressed in index form relative to the geometric weighted average of March 1973 (the base).\* Formally, if we denote by Si and Bi the spot FX rates of country i expressed in "American terms" (U.S. dollars per f

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A Futures Trading Commission is ready to consider seriously the buying and selling of commodity options on domestic futures exchanges. It is therefore useful to examine the desirable characteristics such options might possess, and that is the purpose of this article. First, the "standard" commodity