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22
Which of the following is NOT true
A.Futures contracts nearly always last longer than forward contracts
B.Futures contracts are standardized; forward contracts are not.
C.Delivery or final cash settlement usually takes place with forward contracts; the same is not true of futures contracts.
D.Forward contracts usually have one specified delivery date; futures contract often have a range of delivery dates.
A.Futures contracts nearly always last longer than forward contracts
B.Futures contracts are standardized; forward contracts are not.
C.Delivery or final cash settlement usually takes place with forward contracts; the same is not true of futures contracts.
D.Forward contracts usually have one specified delivery date; futures contract often have a range of delivery dates.
Answer: A
Forward contracts often last longer than futures contracts. B, C, and D are true
Forward contracts often last longer than futures contracts. B, C, and D are true
Flashcard info:
Author: CoboCards-User
Main topic: Finance & Investment
Topic: Derivatives
Published: 27.10.2015