What is a futures contract? What are the spot price and the futures price of a commodity?

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What is a futures contract? What are the spot price and the futures price of a commodity? When must the two prices be equal?

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Investments An Introduction

ISBN: 978-0324561388

9th Edition

Authors: Herbert B Mayo

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Question Posted: Jun 26, 2012 07:06 AM

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What is a futures contract? What are the spot price and the futures price of a commodity?

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A futures contract is an agreement for the purchase or sale of a commodity financial asset or ...View the full answer

Investments An Introduction

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