Examlex
Which of the following is not a linkage in expectancy theory?
Settlement Date
The date on which a trade or transaction must be finalized with the transfer of the asset and payment completed.
Risk Of Default
The possibility or likelihood that a borrower will not be able to meet debt obligations, leading to financial losses for the lender.
Futures Contracts
Financial contracts obligating the buyer to purchase an asset (like a commodity or financial instrument) and the seller to sell the asset at a predetermined future date and price.
Forward Contracts
Financial derivatives that obligate the buyer to purchase and the seller to sell a specific asset at a predetermined future date and price.
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