Question
What is the relationship between spot market prices and forward market prices of a good or financial asset? 1. Spot prices represent expected forward prices
What is the relationship between spot market prices and forward market prices of a good or financial asset?
| 1. | Spot prices represent expected forward prices | |
| 2. | Forward prices are always higher than spot prices | |
| 3. | Spot prices are always higher than forward prices | |
| 4. | Forward prices are expected future spot prices | |
| 5. |
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
