What happens to the basis through the contract's life? (Points : 1) it initially decreases, then increases it initially increases, then decreases it remains relatively steady it moves toward zero none of the above Find the profit if the investor enters an intramarket spread transaction by selling a September futures at $4.5, buys an December futures at $7.5 and then reverses the September futures at $5.5 and the December futures at $9.5. -3 -2 2 1 none of the above