Weather derivative price matrix
| Factor | 0.6 | 0.7 | 0.8 | 0.9 | 1.0 |
|---|---|---|---|---|---|
| Payout (per mm rain) | $3,750 | $4,375 | $5,000 | $5,625 | $6,250 |
| Maximum payout | $150,000 | $175,000 | $200,000 | $225,000 | $250,000 |
| Certificate premium | $13,653 | $15,929 | $18,204 | $20,480 | $22,755 |
| Factor | 0.6 | 0.7 | 0.8 | 0.9 | 1.0 |
|---|---|---|---|---|---|
| Payout (per mm rain) | $3,750 | $4,375 | $5,000 | $5,625 | $6,250 |
| Maximum payout | $150,000 | $175,000 | $200,000 | $225,000 | $250,000 |
| Certificate premium | $13,653 | $15,929 | $18,204 | $20,480 | $22,755 |
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