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Consider the following two statements concerning futures contracts. 1. A futures contract is negotiated between a buyer and seller and can be tailored to the

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Consider the following two statements concerning futures contracts. 1. A futures contract is negotiated between a buyer and seller and can be tailored to the buyer's particular requirements. 2. A futures contract can be traded on a futures exchange, Which of the following combinations (true/false) is correct? Statement 1 is false, statement 2 is true B Statement 1 is true, statement 2 is false Both statements are false Both statements are true

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