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In regards to pricing future and forward, which of the following is/are true? 1. Assuming the spot price for a cryptocurrency is the same as

In regards to pricing future and forward, which of the following is/are true?

1. Assuming the spot price for a cryptocurrency is the same as oil and there is no counterparty risk, a 3-month forward contract on the cryptocurrency will be a lot higher than a 3-month forward contract on oil because the cryptocurrency is more volatile.

2. A forward contract on coffee can be bought on the NYBOT exchange.

3. A future contract will be marked-to-market on a daily basis.

A. Only 1

B. Only 3

C. 1 and 3 are true

D. 2 and 3 are true

E. All of the above

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