- UID
- 223240
- 帖子
- 288
- 主题
- 147
- 注册时间
- 2011-7-11
- 最后登录
- 2016-4-18
|
Ok yea so what I wrote is correct. Above that it says “The positive return is earned because as the futures contract gets closer to maturity its price msut converge to that of the spot price of the commodity. Because in backwardation the spot price is greater than the futures price, the futurs price must increase in value.
Thanks. |
|
发表于 2013-4-19 18:32
|