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Which of the following statements is FALSE? When a hedger holds her futures position until the maturity day, the hedge works thanks to the convergence

Which of the following statements is FALSE?

When a hedger holds her futures position until the maturity day, the hedge works thanks to the convergence property

If you close out your futures position prior to the contract maturity day, the hedge is not guaranteed to work

If you close out your futures position prior to the contract maturity day, your futures account will not be marked to market

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