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Evaluate each of the following statements and indicate whether it is true or not and explain: a . As defined in class, marking to

Evaluate each of the following statements and indicate whether it is true or not and explain:
a."As defined in class, marking to market will profit long hedgers futures positions in a normal contango market."
b. "The purpose of paying points on a mortgage is so that you dont have to make as large of a down payment."

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