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For each of the following assets, indicate in the space provided whether the cost of carry model implies that the forward curve should be upward
For each of the following assets, indicate in the space provided whether the cost of carry model implies that the forward curve should be upward sloping (+), downward sloping (-), or could be either upward or downward sloping (?)
A non-dividend-paying stock.
A coupon-bearing bond.
A foreign currency.
Natural gas.
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