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Which of the following portfolios is not possible to form using derivatives and securities that are fairly priced: A portfolio with a negative cash flow
- Which of the following portfolios is not possible to form using derivatives and securities that are fairly priced:
- A portfolio with a negative cash flow now and a positive cash flow in the future.
- A portfolio with a positive cash flow now and a negative cash flow in the future.
- A portfolio with zero cash flow now and zero cash flow in the future.
- A portfolio with zero cash flows now and a positive cash flow in the future.
- A portfolio with no risk that earns than the risk free rate.
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