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QUESTION 1 10 Which of the following types of contracts are traded on exchanges in the United States? O a. Swap contracts. O b. Forward

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QUESTION 1 10 Which of the following types of contracts are traded on exchanges in the United States? O a. Swap contracts. O b. Forward contracts. O c. Spot contracts. d. Futures contracts. QUESTION 2 An individual buyer and seller of lumber may enter into a customizable sales transaction that will occur nine months from today. This type of contract is typically called a: O a. Buy/Sell agreement. b. Forward contract. c. Lumber contract. d. Sales contract

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