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jlg71 jlg71
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2 years ago
With futures contracts, the price at which the commodity must be delivered is

▸ set when the futures contract is sold.

▸ set when the contract expires.

▸ is equivalent to the strike price for an options contract.

▸ changes frequently during the life of the contract.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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dreamkheidreamkhei
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2 years ago
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jlg71 Author
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2 years ago
Smart ... Thanks!
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Just got PERFECT on my quiz
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You make an excellent tutor!
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