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PUNTIL) Which of the following statements about forwards and futures is correct? Page 8 of 40 O Futures trade on an organized exchange, while forward

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PUNTIL) Which of the following statements about forwards and futures is correct? Page 8 of 40 O Futures trade on an organized exchange, while forward contracts trading occurs between individuals and banks. Both, forwards and futures call for the delivery of a certain amount of currency at a future time and price. O All of the answers are correct. Future contracts have fixed maturities. O A future is more standardized than a forward contract

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