Examlex
Horace Mann believed that public schools would do all of the following EXCEPT:
Arbitrage
The strategy of exploiting price differences of identical or similar financial instruments across different markets to gain profit with minimal risk.
Futures Price
The agreed-upon price for the sale of an asset at a future date, typically used in commodities and financial instrument trading.
Stock Index Futures
Financial contracts that obligate the buyer to purchase, and the seller to sell, a specific stock index at a predetermined future date and price.
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