1. Which of the following characterizes forward contracts and swaps but not futures? A. They are customized....

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1. Which of the following characterizes forward contracts and swaps but not futures?

A. They are customized.

B. They are subject to daily price limits.

C. Their payoffs are received on a daily basis.

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Derivatives

ISBN: 9781119850571

1st Edition

Authors: CFA Institute

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