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The value of a futures contract between the times when the position is marked-to-market is: A. equal to the difference between the current market price
The value of a futures contract between the times when the position is marked-to-market is:
A. | equal to the difference between the current market price of the contract and the most recent mark-to-market price. | |
B. | never less than the value of a forward contract that will expire on the same date at the same forward price. | |
C. | the accumulated gain or loss since the initiation of the futures position. | |
D. | the same as the contract current price. |
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