Settlement Date in a Forward Contract Means

question 67

Multiple Choice

Settlement date in a forward contract means:

• A)forward prices are always higher than spot prices.
• B)spot prices are always higher than forward prices.
• C)the future date on which the buyer pays the seller and the seller delivers the assets to the buyer.
• D)the contracted party that exchanges one item for another for a predetermined price at a predetermined point in time.

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Definitions:

Indicative

Pertaining to a grammatical mood used to make factual statements or pose questions considered to be objectively true in the world.

Monogamy

A form of relationship in which an individual has only one partner during their lifetime or at any one time.

Homophobia

The fear, hatred, discomfort with, or mistrust of people who are gay, lesbian, bisexual, or transgender.

Group Marriages

A type of marriage in which more than two people form a familial unit, sharing responsibilities, duties, and intimate relations.