I was hoping you guys could help me out with these questions.

TRUE/FALSE QUESTIONS Ch 7 T T F F 1. 2. T F 4. T F 5. T F 7. T T T F F F 8. 9. 10. T T T T F F F F 11. 14. 17. 18. Options, forwards, swaps, and futures are financial assets. The absence of a daily settlement is one of the factors distinguishing a forward contract from a futures contract. Arbitrage is a transaction designed to capture profits resulting from market efficiency. If a currency speculator believes that a foreign currency will fall in value versus the U.S. dollar (home currency) by a specific date, she could sell that date futures contract, taking a short position. A put option on the British pound would give the holderthe buyer of the put optionthe right but not the obligation to sell British pounds at a future date at a specific rate. Derivative markets make stock and bond markets more efficient. Speculation is equivalent to gambling. Most derivative contracts terminate with delivery of the underlying asset. Swaps, like options, trade on organized exchanges. Short selling is a high risk activity. Derivatives are securities and not contracts. A call option on a futures contract gives the buyer the right to buy a futures contract