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4 years ago
As the time of delivery in a futures contract gets closer
A) the futures price gets closer to the spot price.
B) the futures price generally rises further above the spot price.
C) the futures price generally falls further below the spot price.
D) the futures and spot prices remain the same as they were when the contract was first created.
Textbook 

Money, Banking, and the Financial System


Edition: 3rd
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vehmeinvehmein
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