Quiz Ch 24 – Speculator’s Expectation in Buying Futures Contract

Fundamentals of Corporate Finance

Brealey, Myers, and Marcus

10th Edition

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When a speculator acquires a futures contract, they are expressing an expectation that prices will ________ by the contract's expiration.

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  • Search Terms: a) ________ a betting buys by constant d) contract contract. decrease b) expiration futures guarantee high increase c) is of prices profits remain speculator that the who will
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