
Investments, 11th Edition (exclude Access Card)
11th Edition
ISBN: 9781260201543
Author: Zvi Bodie Professor; Alex Kane; Alan J. Marcus Professor
Publisher: McGraw-Hill Education
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Chapter 22, Problem 2PS
Summary Introduction
To explain: purchasing for future contracts is more than the underlying assets.
Introduction: Demand of future contract is more because it offers advantages like liquidity in the market, the marginal cost of products, and transaction cost for easy trading.
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