简答题\n The spot price of an investment asset that provides no income is 40.50 B、33.00 D、$33.16\n简答题\n Investment assets are never held for consumption. \n简答题\n Which of the following is a consumption asset? A、The CSI 300 index B、The Euro C、Copper D、China Mobile stock\n简答题\n The convenience yield measures the average return earned by holding futures contracts. \n简答题\n What should a trader do when the one-year forward price of an asset is too low compared with the spot price? Assume that the asset provides no income. A、The trader should borrow the price of the asset, buy one unit of the asset and enter into a short forward contract to sell the asset in one year. B、The trader should borrow the price of the asset, buy one unit of the asset and enter into a long forward contract to buy the asset in one year. C、The trader should short the asset, invest the proceeds of the short sale at the risk-free rate, enter into a short forward contract to sell the asset in one year D、The trader should short the asset, invest the proceeds of the short sale at the risk-free rate, enter into a long forward contract to buy the asset in one year \n