Question: Explain how you would construct multiple maturity forward contracts in oil if all you could trade were oil-equity swaps (i.e., a swap in which you
Explain how you would construct multiple maturity forward contracts in oil if all you could trade were oil-equity swaps (i.e., a swap in which you exchange the return on oil prices for the equity index return) and stock market futures.
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If you purchased a swap where you received the return on oil prices and pai... View full answer
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