Calculate Cost of Carry

Calculate the annualized cost of carry - the net cost of holding the underlying asset until futures expiry. Cost of carry includes financing costs, storage costs, and income (dividends, coupons). The relationship is: Futures = Spot × e^(carry × time). Understanding carry is essential for futures pricing, cash-and-carry arbitrage, and basis trading strategies. The sign indicates contango (positive) or backwardation (negative).