Suppose that the theoretical forward price on a 6-month commodity contract is Soe't = $50, while the observed forward price is $46.5. The current spot price is $49. Which of the following statements is false based on the above information? This is consistent with the fact that the commodity cannot be sold in the futures market This is consistent with the fact that commodity belongs to cash and carry market The price difference can be attributed to about 14.5% convenience yield The implied repo rate is about 4%