I will upvote right away if answered correctly. Normally, futures prices are higher than...

70.2K

Verified Solution

Question

Accounting

image

I will upvote right away if answered correctly.

Normally, futures prices are higher than spot prices for the same commodity. This called: Normalcy Backwardation Forward Discipline Contango Basis

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students