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Which of the following statements about the forward price is incorrect? a. The forward price is different from the cash price and, therefore, will not

Which of the following statements about the forward price is incorrect?

a. The forward price is different from the cash price and, therefore, will not converge to cash price.

b. The forward price is usually different from the cash price.

c. The forward price usually moves together with the cash price.

d. The forward price is formed based on expectations of the cash price in the future

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