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Question 27 (3 points) Which of the following is usually TRUE for the futures price of S&P 500 index? The futures price is less than
Question 27 (3 points) Which of the following is usually TRUE for the futures price of S&P 500 index? The futures price is less than the expected future spot price. 12 The futures price equals the expected future spot price. The futures price is greater than the expected future spot price. 15 The futures price is sometimes greater than and sometimes less than the expected future spot price, and therefore it cannot be determined which one is greater
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