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17 On September 1 a commodity's spot price is ( $ 60 ) and its December futures price is ( $ 64 ). On November

17 On September 1 a commodity's spot price is \( \$ 60 \) and its December futures price is \( \$ 64 \). On November 15 the spot price is \( \$ 55 \) and the December futures price is \( \$ 57 \). A comp 2 answers

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