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Question
The spot price on orange juice is 121.55 cents per pound. The futures price is 124.30. The basis is _____ and the market is a(n) _____ market.A. -2.75; carrying-charge
B. -2.75; inverted
C. 1.75; inverted
D. 2.75; carrying-charge
E. 2.75; inverted
Answer
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Related questions
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