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The futures market is said to be in Contango if: The prices of forward futures are moving in synchrony with one another. The forward price

  1. The futures market is said to be in Contango if:
    1. The prices of forward futures are moving in synchrony with one another.
    2. The forward price of a futures contract is above the spot price.
    3. The forward price of a futures contract is below the spot price.
    4. The prices of forward futures are out of line with one another
    5. None of the above

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