Which of the following statements regarding the pricing of commodity futures contracts is most accurate? A. The arbitrag

[answerhappygod]

Which of the following statements regarding the pricing of
commodity futures contracts is most accurate?
A.
The arbitrage free price of a commodities futures contract is
often lower than that of a financial security futures contract due
to storage costs
B.
The convenience yield for a commodity is positively correlated
with the futures price.
C.
The collateral yield on a commodity futures position is negative
if the convenience yield is lower than the storage cost.
D.
Commodities that are subject to sudden and large demand shocks
may exhibit backwardation in the futures market due to significant
convenience yields.