An example is investing cash in the S&P Index and selling futures contracts on the S&P Index.

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An example is investing cash in the S&P Index and selling futures contracts on the S&P Index. Since stocks and futures contracts trade in different markets, their prices are not always equal.

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Financial Markets And Institutions

ISBN: 9781259919718

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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