NO.PZ201720190200000201
问题如下：
1.Which of Nabli’s statements regarding the valuation and storage of commodities is correct?
选项：
A.Statement 1
Statement 2
Statement 3
解释：
B is correct.
The most common way to invest in commodities is via derivatives, and commodities do not generate future cash flows beyond what can be realized through their purchase and sale. Also, storage costs are positively related to futures prices. Physical assets have to be stored, and storage incurs costs (rent, insurance, spoilage, etc.). Therefore, a commodity that is regularly stored should have a higher price in the future to account for those storage costs.
老师好 statement 3 "Commodities generate future cash flows beyond what can be realized through their purchase and sale." 是说用commodity futures 可以赚比直接买卖commodities 赚得多吗？ 怎么理解，为啥错。 谢谢。
