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Question 1 4 points A, B and C are three commodities traded on a futures exchange. On April 1, the settlement prices of their June

Question 1 4 points A, B and C are three commodities traded on a futures exchange. On April 1, the settlement prices of their June and December futures contracts are given as: A B C JUNE 100 200 500 DECEMBER 106 212 526 Assume that in equilibrium FT2=tF11 (1 + T1/T2) + T1CT2 holds. Given the above information, which of these commodities could possible have a convenience value? 0 Only A Only B None of them Only C A, B and C

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