How to? - Convencience yield in Excel

Joined
9/29/09
Messages
2
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Hello everyone,

I think this is the right place to ask, my group has the following problem and we really have time pressure.

Task:
1) Choose an underlying commodity. Gather monthly data for 1 year. Compute the convenience yields over the year.


We decided for Brent Cruide Oil - we downloaded historical spot prices already, monthly, for 1 year.

Which other data do we need? And how do you calculate the convenience yield in excel?


I would really appreciate any help!

Best regards from South Africa
Chris
 
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