Which of the Following Is True? Choose One)

question 8

Multiple Choice

Which of the following is true? choose one)

• A) The convenience yield is always positive or zero
• B) The convenience yield is always positive for an investment asset
• C) The convenience yield is always negative for a consumption asset
• D) The convenience yield measures the average return earned by holding futures contracts

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Definitions:

Rhetorical Device

A technique used in writing or speaking to persuade, influence, or please an audience.

Sarcasm

The use of ridicule, insults, taunting, and/or caustic irony.

Euphemism

The replacement of a term that has a negative association by a neutral or positive term.

Precising Definitions

Definitions aimed at reducing vagueness or ambiguity by providing a more exact or specific meaning.