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All else equal, when the cost of carry is ________ than the convenience yield, the forward/futures prices __________ with contract maturity. greater; do not change

All else equal, when the cost of carry is ________ than the convenience yield, the forward/futures prices __________ with contract maturity.

  1. greater; do not change
  2. greater; increase
  3. smaller; increase
  4. greater; decrease
  5. smaller; do not change

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