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Under what scenario would a trader be more likely to misreport a higher local transaction price to the price reporting agency such as Platts? a.
Under what scenario would a trader be more likely to misreport a higher local transaction price to the price reporting agency such as Platts?
a. the trader has a short position in a basis swap and would benefit from local price index decreasing
b. the trader has a long position in a basis swap and would benefit from local price index decreasing
c. the trader has a short position in a basis swap and would benefit from local price index increasing
d. the trader has a long position in a basis swap and would benefit from local price index increasing
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