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A forward contract: a. fixes today the right to buy/sell an asset today at a price to be determined at a future date. b. fixes

A forward contract:

a. fixes today the right to buy/sell an asset today at a price to be determined at a future date.

b. fixes today the right to buy/sell an asset at a future date at a price set today.

c. fixes today the right to buy/sell an asset at a future date at a price to be determined at that future date, if the price has decreased.

d. fixes today the right to buy/sell an asset at a future date at a price to be determined at that future date.

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