Q2. (5p) The spot price of silver is $30 per ounce. The storage costs are $0.36 per ounce per year payable quarterly in advance. (a) Assuming that interest rates are 8% per annum for all maturities, calculate the itures price of silver for delivery in twelve months. Provide the step-by-step solution. (b) How can as vestor benefit from your calculation?