16. Traders with superior information are more likely to trade in the: a. stock market b. bond market c. money market d. options market e. swaps market 17. The holder of a long forward contract has: a. the option to buy the underlying asset at a fixed price on a fixed date b. the option to sell the underlying asset at a fixed price on a fixed date C. the obligation to buy the underlying asset at a fixed price on a fixed date d. the obligation to sell the underlying asset at a fixed price on a fixed date None of these answers are correct. e. 18. The holder of a short forward position has: a. the option to buy the underlying asset at a fixed price on a fixed date b. the option to sell the underlying asset at a fixed price on a fixed date C. the obligation to buy the underlying asset at a fixed price on a fixed date d. the obligation to sell the underlying asset at a fixed price on a fixed date None of these answers are correct. e. 19. Shaq buys a futures contract today. Which of the following is true? a. Shaq agrees to buy the asset at a fixed price at some future date. b. Shaq will get dividends on the underlying asset. C. Shaq acquires voting rights on the asset. d. Shaq will have to return the asset when closing out his position None of these answers are correct. e