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On November 7 the spot price of Oil was $88 per barrel and the price of a December Oil futures is $89.5 per barrel. The

On November 7 the spot price of Oil was $88 per barrel and the price of a December Oil futures is $89.5

per barrel. The risk premium is $0.20 per barrel. What is the expected spot price at expiration?

O A. $88.20

O B. $89.70

O C. $89.5

O D. S1.50

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