Quiz Ch 17 – Futures Contract Pricing and Election Outcome

Essentials of Investments

Bodie, Kane, and Marcus

12th Edition

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What conclusion can be drawn from the fact that a futures contract priced at $5.70 pays $10 if Barack Obama won the 2012 presidential election?

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  • Search Terms: $ $. % , __________. a) that a about barack belief believed chance chances concerning contract could election c) nothing election. for from futures had have if intrade market market's may not obama obama's odds of on pay presidential price purchased tells that the this were win winning winning b) that winning d) that won would you
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