Explain the theory of normal backwardation

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Question: Explain the theory of Normal Backwardation. Explain the expected effects on price relationships and risk premiums. How would you use the theory of Normal Backwardation to explain a futures market at Full Carry? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131972841

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