Unlike Forward Contracts,the Size of Currency Futures Contracts Are ________

question 4

Multiple Choice

Unlike forward contracts,the size of currency futures contracts are ________.

• A) subject to the forces of supply and demand in the currency spot market
• B) based on the months in which they expire
• C) a function of the initial margin required at the open of the trade
• D) a standardized amount that differs for each currency traded

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Definitions:

Burden of Proof

is the obligation to prove one's assertion or claim in a legal dispute, typically resting on the party initiating the action.

Small Business

A business that is privately owned and operated, with a small number of employees and relatively low volume of sales.

Expenses

Costs incurred by a business in the process of earning revenue, such as rent, salaries, and utilities, which are used to assess company profitability.

Revenue

The income generated from normal business operations, usually from the sale of goods and services.