In a Study by Heaney in 1995,the Decrease in Futures

question 11

Multiple Choice

In a study by Heaney in 1995,the decrease in futures mispricing has been attributed to:

• A) reduced maturity and increased transactions costs
• B) increased transactions costs only
• C) increased maturity and volume of trades
• D) increased maturity and increased arbitrage traders

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Definitions:

Vomer

A thin, flat bone forming the posterior and inferior portion of the nasal septum, which divides the nasal cavity into two.

External Auditory Canal

The passage leading from the outer ear to the eardrum, transmitting sound waves to the eardrum.

Eardrum

A delicate film that divides the outer from the middle ear, moving in reaction to sound waves.

Sound Waves

Sonic oscillations transmitted through the air or other mediums, detectable upon reaching the ears of people or animals.