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Question
Which of the following statements is most correct?a. A forward contract, just like a futures contract, is an agreement for the future delivery of something at a specified price at the end of a designated period of time.
b. A forward contact, just like a futures contract, is traded on an exchange floor.
c. A forward contract differs from a futures contract in that is it usually nonstandardized.
d. a and c only.
e. All of the above.
Answer
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