AdvancedNumeric answer
VIX futures are in contango: the front month at and the second at , with thirty days between them. Holding a constant one-month exposure, what is the monthly roll cost as a percentage of the expiring contract you roll out of, to one decimal place?
Answer with a number. Fractions, powers and expressions like 23/6 or C(52,5) are read correctly in practice.
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