22. Hedging (S27-7) Speculators want futures contracts to be incorrectly priced; hedgers want them to be correctly

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22. Hedging (S27-7) “Speculators want futures contracts to be incorrectly priced; hedgers want them to be correctly priced.” Why?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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