题目
The term contango is used to describe a market in which:
选项
A.Forward prices are above spot prices.
B.Forward prices are below spot prices.
C.Spot prices and forward prices are at the same level.
D.None of the above.
答案
A
解析
When a market is in contango, forward prices are above spot prices.当市场呈现期货溢价时，F大于S