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Y8 Assume the futures price of a commodity is equal to the future value of the cash price, calculated at the risk-free rate. Given this,

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Assume the futures price of a commodity is equal to the future value of the cash price, calculated at the risk-free rate. Given this, which one of the following terms applies to the market for this commodity? Multiple Choice positive basis equilibrium humped market inverted market time equilibrium Saved spot-futures parity Help JaTL Save & Exit

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Fundamentals of Futures and Options Markets

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