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4) which of the following requires daily cash flow settlements between the parties? A) forward contract b) futures contract c) purchased options contract d) swap
4) which of the following requires daily cash flow settlements between the parties?
A) forward contract
b) futures contract
c) purchased options contract
d) swap contract
e) collars
5)A forward contract
a) is marked to market
b) has significant default risk
c) is standardized
d) is traded over the counter
e) is highly liquid
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