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1. List the three reasons the TreynorBlack model ...has not taken the industry by storm. 2. Why might individuals purchase futures contracts rather than the

1. List the three reasons the TreynorBlack model "...has not taken the industry by storm". 2. Why might individuals purchase futures contracts rather than the underlying assets? 3. What is the difference in cash flow between shortselling an asset and entering a short futures position

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