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D Question 4 A forward contract is a customized agreement between two parties to deliver an asset at a future date based upon a price
D Question 4 A forward contract is a customized agreement between two parties to deliver an asset at a future date based upon a price agreed to at the time the contract is created. False True Question 5 The settlement price of a futures contract is fixed over the life of the contract but in a forward contract, the price is marked to market daily. False True Question 6 The spot price can be above or below the futures price False True
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