Futures contracts are considered to be highly leveraged instruments, with the result that considerable gains or losses

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Futures contracts are considered to be highly leveraged instruments, with the result that considerable gains or losses can be incurred. What does this mean?

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Financial Accounting

ISBN: 9781743767382

9th Edition

Authors: Craig Deegan

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Question Posted: Sep 05, 2023 02:59 PM

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Futures contracts are considered to be highly leveraged instruments, with the result that considerable gains or losses

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In terms of AASB 9 leverage is a contractual cash flow characteristic of some financial assets Lever...View the full answer

Financial Accounting

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