Examlex
Technician A says the Delta T method of adjusting the charge levels of the refrigerant system relies on a comparison of the inlet and outlet temperatures of the evaporator.Technician B says systems should always be checked first for refrigerant contamination.Who is correct?
Convergence
The movement of the price of a futures contract towards the spot price of the underlying asset as the delivery date approaches.
Futures Contracts
Legal agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Spot Price
The current market price at which a particular asset can be bought or sold for immediate delivery.
Arbitrage Opportunities
Situations where a trader can make a profit from the price difference of a security or commodity in two different markets without risk.
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