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QUESTION 16 In the deliverabel futures contract options a The underlying asset must be exchanged at maturity b Only cash equal to gain/loss must be

QUESTION 16

In the deliverabel futures contract

options

a The underlying asset must be exchanged at maturity

b Only cash equal to gain/loss must be exchanged at maturity

c. Both cash and underlying asset must be exchanged at maturity

d None of the above

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