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Which contracts are in contango & which are in backwardation? Which have a convenience value and which do not? Which of these have a positive
Which contracts are in contango & which are in backwardation? Which have a convenience value and which do not? Which of these have a positive financing cost? Which can have a positive, negative or even a zero storage cost? Can you give me an explanation step by step so it can better help me understand these concepts?
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Cornerstones Of Financial Accounting
Authors: Bertrand Piccard, Jay Rich, Jeff Jones, Maryanne Mowen, Don Hansen, Nick Jones
1st Edition
0324657730, 9780324657739
