Commodity Futures Pricing

question 64

Multiple Choice

Commodity futures pricing

• A) must be related to spot prices.
• B) includes cost of carry.
• C) converges to spot prices at maturity.
• D) all of these are true.
• E) none of these are true.

---

Definitions:

Indentured Servants

Individuals who agreed to work for a specified number of years in exchange for passage to a new country, often during the 17th and 18th centuries.

Indentured Servitude

A form of labor commonly used in the 17th and 18th centuries where individuals worked for a specified period in exchange for passage to America, food, and shelter.

English Common Law

The body of law developed in England from the 12th century onward, based on judicial decisions and customs, serving as a foundation for legal systems in many English-speaking countries.

Enslaved Fathers

Refers to men who were forced into slavery, focusing on their roles and experiences as fathers within this oppressive condition.