The Forward Contract Differs from a Futures Contract in That

question 114

Multiple Choice

The forward contract differs from a futures contract in that:

• A) the forward contract is to be settled immediately.
• B) the futures contract specifies a fixed amount and arranged date, whereas the forward contract can be for any amount or date.
• C) the futures contract cannot be traded in a market, whereas the forward contract can be bought in the market.
• D) forward contracts are standardized, whereas futures contracts are not standardized.

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Definitions:

Heavily Cratered

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Higher Elevations

Elevated areas on the Earth's surface, often characterized by cooler temperatures and different ecological conditions compared to lower regions.

Icy Chunks

Large pieces of frozen water or ice, often found in polar regions or as parts of glaciers or icebergs.

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