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Futures contracts are said to exhibit the property of convergence because ________. Select one: a. the futures price and spot price of any asset must
Futures contracts are said to exhibit the property of convergence because ________.
Select one:
a. the futures price and spot price of any asset must ultimately net to zero
b. price discrepancies would open arbitrage opportunities for investors who spot them
c. the profits from long positions and short positions must ultimately be equal
d. the profits from long positions and short positions must ultimately net to zero
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