The Expectations Hypothesis of Futures Pricing

Multiple Choice

The expectations hypothesis of futures pricing

A) is the simplest theory of futures pricing.
B) states that the futures price equals the expected value of the future spot price of the asset.
C) is not a zero-sum game.
D) is the simplest theory of futures pricing and states that the futures price equals the expected value of the future spot price of the asset.
E) is the simplest theory of futures pricing and is not a zero-sum game.