Multiple Choice
Under uncertainty and risk aversion,today's spot price equals
A) the expected future spot price,minus the storage costs,minus the interest forgone,minus the risk premium
B) the expected future spot price,minus the storage costs,minus the interest forgone,plus the risk premium
C) the expected future spot price,minus the storage costs,minus the risk premium
D) the future spot price minus the cost of storage
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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