Assume that you will inherit a $1 million trust fund from your family when you turn 21

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Assume that you will inherit a $1 million trust fund from your family when you turn 21 next year. Interest rates are high right now, and you fear they may be lower in a year. Explain in detail how you can use futures or options to alleviate your fears.                  Appendix

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An Introduction To Financial Markets And Institutions

ISBN: 978-0765622761

2nd Edition

Authors: Maureen Burton ,Reynold F. Nesiba ,Bruce Brown

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