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18) Suppose it is currently July, the September futures price is $60 and the December futures price is $68. What does the spread of $8

image text in transcribed 18) Suppose it is currently July, the September futures price is $60 and the December futures price is $68. What does the spread of $8 represent? a. the cost of carry from July to September. b. the expected risk premium from July to September. c. the cost of carry from September to December. d. the expected risk premium from September to December. e. none of the above

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