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Which of the following statements is correct? A) Investment assets are never held for consumption. B) When the convenience yield increases, the one-year futures price

Which of the following statements is correct?

A) Investment assets are never held for consumption.

B) When the convenience yield increases, the one-year futures price increases relative to the spot price of the underlying asset.

C) The convenience yield is always positive for an investment asset.

D) As inventories of a commodity grow, the one-year futures price increases relative to the spot price of the underlying asset.

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