Question
Explain why an investor might take an illiquid position in a forward contract rather than using an exchange-traded futures contract.
Explain why an investor might take an illiquid position in a forward contract rather than using an exchange-traded futures contract.
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Entrepreneurial Finance
Authors: Philip J. Adelman; Alan M. Marks
6th edition
9780133099096, 133140512, 133099091, 978-0133140514
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