PRESENT VALUATION OF EMISSION CREDIT AND ALLOWANCE FUTURES

摘要

The present invention is directed to a computer-operated method fordetermining the present value of a futures contract for a commodity. Themethod includes selecting an expiration date for the futures contract,calculating a customized interest rate factor based on interest rates surveyedfrom a plurality of lending institutions, and applying the customized interestrate factor to the futures contract price to determine the present value.