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and the market is a(n) The spot price on Cocoa is $3,840 a ton. The futures price is $3,450 a ton. The basis is market

and the market is a(n) The spot price on Cocoa is $3,840 a ton. The futures price is $3,450 a ton. The basis is market Multiple Choice -390, carrying-charge O -390: Inverted 60; inverted 0 390; carrying charge 390, inverted

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