If interest rates are always positive, is it possible for the forward price on a non-dividend paying asset (ignore storage costs and convenience yields) to be lower than that of the spot price? Group of answer choices

Yes, if interest rates are low enough.

No, positive interest rates will always generate a forward price greater than the spot price (ignoring storage costs and convenience yields).

Yes, the demand for spot assets is always greater than the demand for future-date assets.

No, demand for spot assets is always greater than the demand for future-date assets. Yes, the forward price for an asset is always independent of the spot price for that asset.