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Question 1. How do futures contracts differ from forward contracts? (check all boxes that apply) Futures contracts can be traded on exchanges. With a futures
Question 1. How do futures contracts differ from forward contracts? (check all boxes that apply) Futures contracts can be traded on exchanges. With a futures contract, the asset is purchased at a price that is determined in the future. While the buyer in a forward contract is obligated to purchase the underlying security at maturity, this is optional in futures contracts. Futures contracts are standardized in terms of size, quality, maturity
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