Q
A difference between forward and futures contracts is that ?
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A
A. Forward contracts occur in a specific locations-for example, the chicago mercantile exchange
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B
B. Futures contracts have negotiable delivery dates
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C
C. Forward contracts can be tailored in amount and delivery date to the need of importers of exporters
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D
D. Futures contracts involve no brokerage fees or other transactions costs
Correct Answer:
C. C. Forward contracts can be tailored in amount and delivery date to the need of importers of exporters
