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As the corvenience yleld increases, which of the following is TRUE? The one-year futures price as a percentage of the spot price increases The one-year

As the corvenience yleld increases, which of the following is TRUE?\ The one-year futures price as a percentage of the spot price increases\ The one-year futures price as a percentage of the spot price decreases\ The one-year futures price as a percentage of the spot price stays the same\ Arry of the above can happen

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As the convenience yield increases, which of the following is TRUE? The one-year futures price as a percentage of the spot price increases The one-year futures price as a percentage of the spot price decreases The one-year futures price as a percentage of the spot price stays the same Arry of the above can happen

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