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18iq 18iq
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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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heavenlyangelheavenlyangel
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2 years ago
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18iq Author
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2 years ago
Thanks
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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This helped my grade so much Perfect
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