An Equity Forward Contract Is

question 26

Multiple Choice

An equity forward contract is

• A)a forward contract on LIBOR secured by a stock as collateral
• B)a futures contract on a stock index that is not marked-to-market
• C)a call option on a stock with greater downside risk than an ordinary call
• D)a forward contract whose payoff is determined by a stock or index
• E)none of the above

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Definitions:

Functionality

The range of operations and tasks that a system, device, or program is designed to perform; essentially, what something does or how it works.

Burn In

Burn In is a process of testing new hardware devices under continuous operation to identify defects or failures.

Ghost Image

A burn-in; an image seen on a display screen when an LCD or a plasma display has been left on for too long.

Screen Pixels

The smallest units of a digital display that comprise the visible image, each capable of displaying a specific color.