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Basic Question 3 of 7
The price of a futures contract will equal the price of an otherwise equivalent forward contract if it is one day prior to expiration. What about the contract creation day and the contract expiration day?
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
compare the value and price of forward and futures contracts
explain why forward and futures prices differ
CFA® 2024 Level I Curriculum, Volume 5, Module 6.