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    Derivatives and Risk Management
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    Exam 9: Principles of Pricing Forwards, Futures and Options on Futures
  5. Question
    Under Uncertainty and Risk Neutrality, Today's Spot Price Equals the Expected
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Under Uncertainty and Risk Neutrality, Today's Spot Price Equals the Expected

Question 25

Question 25

True/False

Under uncertainty and risk neutrality, today's spot price equals the expected future spot price minus the cost of storage and interest forgone.

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