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As a contract approaches maturity, the spot price and forward price a. Increase. b. Have a random relationship. c. Converge. d. Maintain a fixed price
As a contract approaches maturity, the spot price and forward price a. Increase. b. Have a random relationship. c. Converge. d. Maintain a fixed price differential. e. Diverge.
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Analysis For Financial Management
Authors: Robert C. Higgins
5th Edition
0256167036, 9780256167030
