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:

Training Program

A structured course of activities aimed at enhancing the skills, competencies, and knowledge of participants for specific purposes.

Error-Management Training

A training method focused on teaching individuals how to manage and learn from mistakes.

Adaptive Expertise

The capability to apply existing skills to new and changing contexts, demonstrating flexibility and innovation.

Routine Expertise

The expert knowledge and skills developed through repeated practice and application in a specific, familiar context.