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CFAI text V5 R41: Multiplier for futures
On P356, q is defined as "multiplier" with the unit of $ and the multipliers of the future contracts in elsewhere in this reading are always with the of $.
Since I think that the futures prices are with the units of $ (as f on P356 and elsewhere in this reading) and this shall be a common sense, then why "multiplier" can be with the unit of $ ? |
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发表于 2011-7-11 15:17
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