小編導(dǎo)讀：您還會為FRM考試感到煩惱嗎？高頓網(wǎng)校精品題庫，包含歷年真題，模擬試題等題型，題題結(jié)合考試大綱貼近考試考點(diǎn)。堅(jiān)持每天做題練習(xí)，一定可以提升備考效果，為贏取屬于自己的美好明天加油吧！馬上開始練習(xí) >>>
　　The spot price of corn on April 10th is 207 cents/bushel. The futures price of the September contract is 241.5 cents/bushel. Assuming the hedgers are net short. Concerning the expected spot price of corn in September, which of the following statements is most accurate?
　　A. The expected spot price of corn is higher than 207.
　　B. The expected spot price of corn is lower than 207.
　　C. The expected spot price of corn is higher than 241.5.
　　D. The expected spot price of corn is lower than 241.5.
　　Answer: C
　　If hedgers are net short forward contracts, they expect that they will be able to sell corn at an expected spot price that exceeds the forward price of 241.5.