Suppose you buy a one-year forward contract at $65. At expiration, the spot price is $73. The risk-free rate is 10 percent. What is the value of the contract at expiration? $8.00 -$8.00 $0.00 $7.27 none of the above Question 4 2 pts A Contango (not Normal Contango) market is consistent with a negative basis futures prices exceeding spot prices a positive cost of carry all of the above none of the above