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The Spot-Futures Parity Theorem I. Refers to the point of Equivalence between Spot &Futures Prices II. Accounts for the carrying costs for the underlying commodity

The Spot-Futures Parity Theorem I. Refers to the point of Equivalence between Spot &Futures Prices II. Accounts for the carrying costs for the underlying commodity III. Adjusts for the payment of dividends to the futures contracts IV. Could be used to calculate fair-value & in program trading

Group of answer choices I, II and III only I to IV I, II & IV only I & II only

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