What Is the Primary Difference Between a Swap Contract and a Forward

question 262

Multiple Choice

What is the primary difference between a swap contract and a forward contract?

• A) The underlying asset.
• B) The number of exchanges.
• C) Daily marking to the market.
• D) A swap is an option while a forward contract is an obligation.
• E) Payment on a swap is made at the time of the agreement while payment is made on the settlement date for a forward contract.

---

Definitions:

Proselytizing

The act of attempting to convert people to another religion or opinion.

No Child Left Behind

A U.S. Act of 2001 that aimed to increase accountability in education, providing children with fair and equal opportunities to obtain a high-quality education.

Church Leadership

The governance and direction provided by individuals or bodies within a religious organization, including roles like pastors, bishops, and elders.

No Child Left Behind

A U.S. Act passed in 2001 that aimed to improve student achievement and change the culture of America's schools through increased accountability and choice.