In which of the following ways do futures contracts differ from forward contracts? a. b. C. d.
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In which of the following ways do futures contracts differ from forward contracts?
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a. b. C. d. I. II. III. Futures contracts are standardized For futures, performance of each party is guaranteed by a clearinghouse Futures contracts require a daily settling of any gains or losses I and II only I and III only II and III only I, II, and III
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