Attempt 1/4 for 8 pts. Part 1 Which of the following statements are true about futures contracts? Check all that apply: It eliminates both price risk and credit (default) risk. It is an agreement to buy or sell a specified amount of an asset at a specified date and for an agreed-upon price. It is daily marked to market. It gives the buyer a right but not an obligation to buy a specified amount of an asset at a specified date and price. Both parties (buyer and seller) are protected from future price fluctuations of the asset. Submit