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Basis risk on a futures contract is:

Posted: Wed Mar 16, 2022 9:42 am
by answerhappygod
Basis risk on a futures contract is:

A. The risk of an adverse change in the futures price
B. The risk of an adverse change in the spread between futures and cash prices
C. The progressive illiquidity of a futures contract as it approaches expiry
D. The risk of a divergence between the futures price and the final fixing of the underlying interest rate