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How many of the following statements are false? - Over-the-counter currency forward contracts operate in a private market. - Currency futures contracts are less liquid

How many of the following statements are false?

- Over-the-counter currency forward contracts operate in a private market.

- Currency futures contracts are less liquid than currency forward contracts.

- Currency forward contracts have higher default risk than currency forward contracts.

- Currency futures contracts are marked-to-market weekly.

a. 0

b. 1

c. 2

d. 3

e. 4

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