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Chap 3
1.
Hedging Strategies Using
Futures Chapter 3
2.
3.
4.
5.
Convergence of Futures
to Spot (Hedge initiated at time t 1 and closed out at time t 2 ) Time Spot Price Futures Price t 1 t 2
6.
7.
8.
9.
10.
11.
12.
13.
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