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Identify the characteristics of the underlying asset for each of the following that may lead to an interim cash inflow, outflow, or convenience yield, and
Identify the characteristics of the underlying asset for each of the following that may lead to an interim cash inflow, outflow, or convenience yield, and indicate whether as a result the forward price will be greater or less than the current spot market price.
a. an agricultural commodity such as oats
b. a metal such as copper
c. a stock portfolio
d. a foreign currency
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