The Following Is Not a Point of Difference Between Futures

question 13

Multiple Choice

The following is not a point of difference between futures and forwards.

• A)The futures payoff depends on the spot price of the asset at contract maturity.
• B)Futures are traded on an exchange.
• C)Futures have standardized terms.
• D)Default risk in a futures contract is borne by the exchange.

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Definitions:

Prostate-specific Antigen

A protein produced by the prostate gland, elevated levels of which can indicate prostate cancer or other prostate conditions.

Vasectomy

A surgical procedure for male sterilization or permanent contraception, involving the cutting and sealing of part of each vas deferens.

Circumcision

A surgical procedure that involves the removal of the foreskin from the male genitalia, often performed for religious, cultural, or medical reasons.

Paternity

Refers to the state of being a father or relating to fatherhood.