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15. Which of the following is NOT a type of risk associated with futures contracts? a. basis risk b. liquidity risk c, market risk d.

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15. Which of the following is NOT a type of risk associated with futures contracts? a. basis risk b. liquidity risk c, market risk d. postpayment risk 16. A price within a specified period of time. grants the owner the right to purchase a specified financial instrument for a specified a. call option b. put option c. sale of a futures contract d. purchase of a futures contract

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