Question
How is a forward contract different than a futures contract? Select the answer below that is NOT true. A. They both can be used to
How is a forward contract different than a futures contract?
Select the answer below that is NOT true.
| A. | They both can be used to reduce exchange rate risk | |
| B. | They both have standardized contracts | |
| C. | They are both contractual obligations for some time in the future. | |
| D. | They are both obligations NOT options |
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Cornerstones Of Financial Accounting
Authors: Jay Rich, Jeff Jones, Maryanne Mowen, Don Hansen
2nd Edition
0538473452, 9780538473453
