Contango
A) holds that the natural hedgers are the purchasers of a commodity, not the suppliers.
B) is a hypothesis polar opposite to backwardation.
C) holds that FO must be less than (PT) .
D) holds that the natural hedgers are the purchasers of a commodity, not the suppliers, and holds that
E) holds that the natural hedgers are the purchasers of a commodity, not the suppliers, and is a hypothesis polar opposite to backwardation.
Correct Answer:
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