Question
10. Suppose that you entered a long futures position in a commodity at time 0. If the spot price of the commodity has increased since
10. Suppose that you entered a long futures position in a commodity at time 0. If the spot price of the commodity has increased since time 0, you must have earned some profits from your futures position.
T/F?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
