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The derivatives markets can help price discovery since: Futures prices are a forecast of future spot prices. Transaction costs are generally lower than in the
The derivatives markets can help price discovery since: Futures prices are a forecast of future spot prices. Transaction costs are generally lower than in the spot market. Derivatives prices may react more quickly to new information than the spot market prices
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
1259307417, 978-1260153132, 1260153134, 978-1259307416
