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explain the Unbiased Expectations Theory with regards to determining fair futures prices (do not use the bond price analogy). Explain why convergence is so important
explain the Unbiased Expectations Theory with regards to determining "fair" futures prices (do not use the bond price analogy). Explain why convergence is so important for asset prices. Name and provide the definition of the two scenarios where there is no convergence. One of these conditions is not likely to occur in the markets; please give me an example of an event where this condition might occur. You could use any asset (or set of assets) in your
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