18. Estel Crabtree believes that the spread between long-term and short-term interest rates is going to narrow
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18. Estel Crabtree believes that the spread between long-term and short-term interest rates is going to narrow in the next few months but does not know in which direction interest rates in general will move. What financial futures position would permit Estel to profit from this forecast if it is correct?
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ISBN: 9788120321014
6th Edition
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
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