1-which of the following is (are) correct?

(a)forward contracts are standardized contracts requiring parties to exchange an asset at a specified price at a specified future time,

(b)swaps are standardized contracts requiring the exchange of a series of payments.

(c) Future contracts are standardized contracts that trade on an organized exchange

(d) none of the above are correct

2-all else constant, a leveraged buyout will usually result in:

(a) a decrease in DFL,

(b) a decrease in DCL ,

(c)an increase in DOL,

(d)an increase in DFL