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28. Assume no transactions costs exist for any futures or forward contracts. The price of British pound futures with a settlement date 180 days from
28. Assume no transactions costs exist for any futures or forward contracts. The price of British pound futures with a settlement date 180 days from now will: b. C. d. definitely be above the 180-day forward rate. definitely be below the 180-day forward rate. be about the same as the 180-day forward rate. None of these are correct; there is no relation between the futures and forward prices
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Financial Analysis With Microsoft Excel
Authors: Timothy R. Mayes
9th Edition
0357442059, 9780357442050
