Chartered Financial Analyst Level 1

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Convenience yield provides a possible explanation as to why the current spot price of a commodity is:

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Last updated: December 6, 2025 at 10:11

A

lower than the market's expectation of the future spot price of the commodity.

B

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equal to the market's expectation of the future spot price of the commodity.

C

higher than the market's expectation of the future spot price of the commodity.

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