A Contango Market Is Consistent with

question 57

Multiple Choice

A contango market is consistent with

• A)a negative basis
• B)futures prices exceeding spot prices
• C)a positive cost of carry
• D)all of the above
• E)none of the above

---

Definitions:

Generalize Recollections

The process of applying memories or learned experiences to new and broader contexts.

Specify

To state or describe something in detail or with precision.

Infantile Amnesia

The relative paucity of autobiographical memories dating from before about 3 years of age.

Autobiographical Memories

Refers to a person's memories of their own life events and experiences, including both significant milestones and everyday events.