Abstract
This chapter extends the basic arbitrage theorem to a many-period setting. It commences by using static arbitrage to explain forward prices, and then proceeds to explain futures prices.
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Bibliography
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© 1991 Michael Allingham
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Allingham, M. (1991). Static Arbitrage: Forwards and Futures. In: Arbitrage. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-21385-6_5
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DOI: https://doi.org/10.1007/978-1-349-21385-6_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-55781-5
Online ISBN: 978-1-349-21385-6
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