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a) With reference to futures markets, in what ways does the pricing of consumption assets and investment assets differ? b) Explain the meaning of the
a) With reference to futures markets, in what ways does the pricing of consumption assets and investment assets differ? b) Explain the meaning of the terms convenience yield and cost of carry. What is the relationship between futures price, spot price, convenience yield and cost of carry
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Regulation Of Securities Markets And Transactions
Authors: Patrick S. Collins
1st Edition
0470601965, 978-0470601969
