he Spot-Futures Parity Theorem

I. Refers to the point of Equivalence between Spot &Futures Prices

II. Accounts for the carrying costs for the underlying commodity

III. Adjusts for the payment of dividends to the futures contracts

IV. Could be used to calculate fair-value & in program trading

Group of answer choices

I, II and III only

I to IV

I, II & IV only

I & II only