A "Stack-And-Roll" Strategy Makes Profits from the "Roll" Part When

question 18

Multiple Choice

A "stack-and-roll" strategy makes profits from the "roll" part when

• A)The market is in backwardation.
• B)The market is in contango.
• C)There is a sharp fall in commodity prices.
• D)The correlation between long- and short-term futures prices is less than 0.5.

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Definitions:

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The feeling of being drawn to another person in a sexual manner, based on physical or psychological characteristics.

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