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Reptor Reptor
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5 years ago
On the day of delivery
A) the spot price will equal the futures price.
B) the spot price will be greater than the futures price by an amount equal to the current interest rate times the futures price.
C) the futures price will be greater than the spot price by an amount equal to the current interest rate times the spot price.
D) there is no necessary relation between the spot price and the futures price.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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5 years ago
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Reptor Author
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5 years ago
Good timing, thanks!
SupremeDJ
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Yesterday
Just got PERFECT on my quiz
Gorgio_De
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2 hours ago
Helped a lot
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