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How are forward contracts and futures contracts different? A. Only Forward contracts have counter-party risk B. Futures have standardized terms, forwards have terms that can

How are forward contracts and futures contracts different?

	A.	Only Forward contracts have counter-party risk
	B.	Futures have standardized terms, forwards have terms that can be customized.
	C.	Futures are exchange trade,forwards are not.
	D.	All of the above are differences between futures and forwards

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