Question: 1. (a) State the Spot-Futures Parity Theorem. (3 marks) (b) Prove the theorem as stated in 1. (a). (10 marks)

 1. (a) State the Spot-Futures Parity Theorem. (3 marks) (b) Prove

1. (a) State the Spot-Futures Parity Theorem. (3 marks) (b) Prove the theorem as stated in 1. (a). (10 marks)

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