True or false: The theoretical (i.e., arbitrage-free) forward price decreases with maturity. That is, for example, the
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True or false: The theoretical (i.e., arbitrage-free) forward price decreases with maturity. That is, for example, the theoretical price of a three-month forward must be greater than the theoretical price of a six-month forward.
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False When the holding benefits are greater than the holding costs the forward pr...View the full answer
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