Is it true that a futures contract represents a zero-sum game, meaning that the only way for

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Is it true that a futures contract represents a zero-sum game, meaning that the only way for a buyer to win is for a seller to lose, and vice versa?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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