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:

Biological Needs

Fundamental requirements that organisms must satisfy to maintain life, such as food, water, and shelter.

Learned Desire

A preference or craving developed through experience or conditioning rather than inherent or instinctual.

Secondary Reinforcers

Stimuli that become reinforcing through their association with primary reinforcers, not inherently rewarding but learned to be so.

Fixed Interval Schedule

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed.