Question 4 (3 points) Which ONE of the following statements on futures and forwards is INCORRECT? A. Forward contracts carry higher counter-party risk than futures contracts. B. Futures contracts are exchange-traded, while forward contracts are traded over-the-counter. C. The price of a futures contract is the price to purchase the contract, i.e., futures premium. D. Futures contracts have less liquidity risk than their forward contracts counterpart. E. Forwards contracts can be customized, while futures contracts are standardized contract. F. Futures contracts are marked to market on a daily basis, while forward contracts are not