gargi.adhikari
Active Member
In Reference to R19.P1.T3.FIN_PRODS_HULL_Ch5_Topic:CONTANGO_BACKWARDATION_FUTURES_PRICES_SPOT_PRICES:-
Quick question while am on this topic --
Over time, the Futures Prices converge onto:-
a) The "Expected Future Spot Prices-E(St)" at time= the Delivery Date..? OR
b) The "Actual Market/Spot Price" at time= the Delivery Date..?
Much gratitude for any insight on this topic..
Quick question while am on this topic --
Over time, the Futures Prices converge onto:-
a) The "Expected Future Spot Prices-E(St)" at time= the Delivery Date..? OR
b) The "Actual Market/Spot Price" at time= the Delivery Date..?
Much gratitude for any insight on this topic..