Why is the initial value of a futures contract zero?
A)the futures is immediately marked-to-market
B)you do not pay anything for it
C)the basis will converge to zero
D)the expected profit is zero
E)none of the above

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The Answer of Why is the initial value of a futures contract zero?
A)the futures is immediately marked-to-market
B)you do not pay anything for it
C)the basis will converge to zero
D)the expected profit is zero
E)none of the above

Why Is the Initial Value of a Futures Contract Zero