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Which of the following statements is correct? Investment assets are never held for consumption. When the convenience yield decreases, the one-year futures price decreases relative
Which of the following statements is correct? Investment assets are never held for consumption. When the convenience yield decreases, the one-year futures price decreases relative to the spot price of the underlying asset. The convenience yield is always positive or zero. As inventories of a commodity decline, the one-year futures price stays the same
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