24. On September 26 the spot price of wheat was $3.5225 per bushel and the price of...
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24. On September 26 the spot price of wheat was $3.5225 per bushel and the price of a December wheat futures was $3.64 per bushel. How do you interpret the futures price if there is no risk premium in the futures market?
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Related Book For
An Introduction To Derivatives And Risk Management
ISBN: 9780324321395
7th Edition
Authors: Don M. Chance, Roberts Brooks
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