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When answering the questions below, refer to the following table of commodity forward and spot prices. The annual risk free interest rate is 4.0%. Refer

When answering the questions below, refer to the following table of commodity forward and spot prices. The annual risk free interest rate is 4.0%. Refer to the table 6.1. Which of the following terms most accurately describes the forward curve for soybeans over the next two years? Contango Backwardation None of these Contango and backwardation

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