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    Question on Practice Questions

    Thanks David
  2. L

    Question on Practice Questions

    Hi David, Just a quick question on practice questions. I am not sure how you actually number the practice questions. It looks like the No. of practice questions are continued from last year. Does that mean I will need to start from No.1 question from 2010 or just the No. from 2013? Thanks,
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    Basis Risk Example

    Thanks David for the detailed explanations!
  4. L

    Basis Risk Example

    Hi Dave, Just a quick question on Define and Compute the basis example: The Sep-09 in this case is near/close to expiration of the future contract correct? My understanding is that the spot and future will always converge on the expiration date. So the basis risk only occurs when offsetting...
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