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7 Which one of the statements below is true about currency futures contracts and currency forward contracts? 1. Counter-party risk is limited in futures contracts

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Which one of the statements below is true about currency futures contracts and currency forward contracts? 1. Counter-party risk is limited in futures contracts because of margin requirements and marking-to-market. II. In futures markets, losses and profits are recognized on a daily basis. II. Futures contracts are over-the-counter contracts that can be customised based on the hedger's need IV. A company can negotiate the delivery date on a futures contract to make the currency be delivered on the date it desires, a. None of these statements are true b. All of these statements are true. Oc Only one of these statements is true. Od. Only two of these statements are true. Oe. Only three of these statements are true

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