If One Buys an Asset,sells a Futures,and Holds the Position

question 9

True/False

If one buys an asset,sells a futures,and holds the position until expiration,it is equivalent to selling the asset at the original futures price.

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Definitions:

Prohibition

A historical period in U.S. history during which the manufacture, sale, and transportation of alcohol were banned nationwide.

Foreign Policy

Strategies and decisions a country employs to safeguard its national interests and deal with other countries.

Diplomatic Emissaries

Individuals appointed by a state or an organization to represent it on a diplomatic mission, often tasked with negotiating or otherwise communicating on behalf of their state with other states or international organizations.

Private Economic Relations

Economic interactions and transactions that occur between private individuals or entities without direct government intervention or oversight.