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From the perspective of a depositor, should forward rate be less than the implied futures rate? Or does the reverse hold?
From the perspective of a depositor, should forward rate be less than the implied futures rate? Or does the reverse hold?
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
14th Edition
0135175216, 978-0135175217
