Question
If convenience yield is zero, an increase in __________ should __________________ a. interest rate; make the forward curve steeper b. storage cost; parallel shift the
If convenience yield is zero, an increase in __________ should __________________
| a. | interest rate; make the forward curve steeper | |
| b. | storage cost; parallel shift the forward curve down | |
| c. | interest rate; parallel shift the forward curve up | |
| d. | storage cost; make the forward curve flatter |
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
