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A market is in contango when A . Prices are expected to rise B . The longer the maturity, the higher the Futures price C
A market is in contango when
APrices are expected to rise
BThe longer the maturity, the higher the Futures price
CInvestors are happy
DThe slope of the futures curve is negative
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Fundamentals of Futures and Options Markets
Authors: John C. Hull
8th edition
978-1292155036, 1292155035, 132993341, 978-0132993340
