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    Exam 15: Futures and Forward Contracts
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    Hodgson and Nicholls (1991)find That in Australia There Has Been
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Hodgson and Nicholls (1991)find That in Australia There Has Been

Question 35

Question 35

Multiple Choice

Hodgson and Nicholls (1991) find that in Australia there has been __________ volatility in the stock market since the introduction of the SPI futures contract.


A) more
B) less
C) no change in

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