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Question
A futures contract
A. is tailor-made to fit the needs of the buyer and the seller.
B. has more credit risk than a forward contract.
C. is marked to market more frequently than a forward contract.
D. has a shorter time to delivery than a forward contract.
E. has more price risk than a forward contract.
Answer
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Related questions
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The McCarran-Ferguson Act of 1945
A. separated commercial banking from insurance activities.
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C. stipulated that insurance companies are to be regulated at the state level.
D. initiated a national insurance guaranty fund.
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A. Position trading.
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A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
C. is a subsidiary of a nonfinancial corporation.
D. provides debt funding to only to established corporations.
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Which of the following would be a key area of activity for an investment bank specializing in the commercial side of the business?
A. Purchase of existing securities.
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