标题: question from cfai mock #25 am [打印本页] 作者: Walex 时间: 2013-4-3 09:50 标题: question from cfai mock #25 am
can anyone please provide a better explanation than they provided… i thought backwardation was when the futures price was below (not above) the full carry price作者: IAmNeil 时间: 2013-4-3 09:53
by carry price is that equivalent to the spot price?作者: svgleeson 时间: 2013-4-3 09:56
full carry price is the spot adjusted for storage cost and convenience yield i believe… if you check out the problem you’ll see what i am talking about
