Question
A term structure of a market where forward futures price is at a premium to the spot market price is likely to be: a) Contango
- A term structure of a market where forward futures price is at a premium to the spot market price is likely to be:
a) Contango
b) Backwardation
c) Not necessarily either Contango or Backwardation
2) A term structure of the NYMEX natural gas futures is likely to be:
a) Contago
b) Backwardation
c) Not necessarily either Contango or Backwardation
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
