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10. In the corn futures contract a number of different types of corn can be delivered (with price adjustments specified by the exchange) and there
10. In the corn futures contract a number of different types of corn can be delivered (with price adjustments specified by the exchange) and there are a number of different delivery locations. Which of the following is true? O This flexibility tends to increase the futures price. o This flexibility tends to decrease the futures price. o This flexibility may increase and may decrease the futures price. O This has no effect on the futures price
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