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Problem 4:1p ts) Normal vs inverted futures market (a) (10 points) What is a normal market for futures? What does an inverted futures curve indicate?

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Problem 4:1p ts) Normal vs inverted futures market (a) (10 points) What is a normal market for futures? What does an inverted futures curve indicate? (b).... s) Consider the price quotes for oil futures below. Is it normal or inverted? Why. i.e. does it indicate shortage of abundant supply of oil at the moment? Bols. . .11.11.11.1 Oil future market is NORMAL / INVERTED (highlight correct, or erase wrong answer) Future curve indicate: SHORTAGE ABUNDANT SUPPLY of oil in the near future (c)(! 'S) What would be the shape of the futures curve for medical masks look like? Would it be normal or inverted? Why Medical masks future market will be NORMAL INVERTED (highlight correct, or erase wrong answer) Problem 4:1p ts) Normal vs inverted futures market (a) (10 points) What is a normal market for futures? What does an inverted futures curve indicate? (b).... s) Consider the price quotes for oil futures below. Is it normal or inverted? Why. i.e. does it indicate shortage of abundant supply of oil at the moment? Bols. . .11.11.11.1 Oil future market is NORMAL / INVERTED (highlight correct, or erase wrong answer) Future curve indicate: SHORTAGE ABUNDANT SUPPLY of oil in the near future (c)(! 'S) What would be the shape of the futures curve for medical masks look like? Would it be normal or inverted? Why Medical masks future market will be NORMAL INVERTED (highlight correct, or erase wrong answer)

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