What is the difference between forwards and futures if a, Finance Basics

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What is the difference between forwards and futures if a

What is the difference between a cash and carry trade and a reverse cash and carry trade? If there is no arbitrage opportunity, what is the expected profit from a cash and carry in futures? What is the difference between forwards and futures? If a call option's exercise price is $100 and the underlying is currently $90, is this option in, at, or out of the money?

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