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kolitchko kolitchko
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5 years ago
The futures price
A) reflects traders' expectations of the spot price on the day of delivery.
B) is always above the spot price on the day of delivery.
C) is always below the spot price on the day of delivery.
D) is always equal to the spot price at every point in time.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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vehmeinvehmein
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kolitchko Author
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5 years ago
You make an excellent tutor!
ky
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Thank you, thank you, thank you!
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Just got PERFECT on my quiz
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