If the Spot Price and Futures Price on a Gold

question 52

Multiple Choice

If the spot price and futures price on a gold contract are $553 and $555,respectively,then theoretically the carrying cost should be equal to:

• A)$2 or more.
• B)between $0 and $2.
• C)cannot be determined.
• D)$2.

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Definitions:

Superordinate Goals

Attractive outcomes that can be achieved only by collaboration.

Collaboration

The act of working together with one or more people in order to achieve a common goal or project.

Assertive

Being confident and bold in stating one’s demands or opinions without being aggressive.

Superordinate Goal

An objective that can only be achieved by the cooperation and collaboration of two or more groups, which often leads to reduced conflict and increased unity.