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Quiz Instructions Question 16 The futures price 4 pts O is always below the spot price on the day of delivery. is always equal

Quiz Instructions Question 16 The futures price 4 pts O is always below the spot price on the day of delivery. is always equal to the spot price at every point in time. O can change reflecting traders' expectations of the spot price on the day of delivery. O is always above the spot price on the day of delivery. Next

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