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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 was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.

Martin Rockenfeldt
Learning Outcome Statements
compare the value and price of forward and futures contracts
explain why forward and futures prices differ
CFA® 2026 Level I Curriculum, Volume 5, Module 6.