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The advantage of forward interest rate contracts is () A. It is standardized, thus reducing the cost of finding each other. B. There is no

The advantage of forward interest rate contracts is ()
A. It is standardized, thus reducing the cost of finding each other.
B. There is no default, because the contract is guaranteed by the transaction party or the intermediary of the matching transaction.
C. It can be customized according to the precise needs of participants, so interest rate risk can be completely eliminated.
D. It can be traded before the delivery date specified in the contract.
E. All of the above are correct.

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