Answered step by step
Verified Expert Solution
Question
1 Approved Answer
19 The difference(s) between a futures and a forward contracts is (are) Group of answer choices All answers are correct b. Futures contracts are standardized
19
The difference(s) between a futures and a forward contracts is (are)
Group of answer choices
All answers are correct
b. Futures contracts are standardized while forwards are tailor-made to the customers specifications.
a and c
c. Futures contracts are guaranteed by a central clearing-house, while forwards are not.
a. Futures are traded on an organized exchange, while forwards are not.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started