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The market for interest - rate forward contracts is not nearly as large as the financial futures market. Interest - rate forward contracts have several
The market for interestrate forward contracts is not nearly as large as the financial futures market.
Interestrate forward contracts have several dimensions including:
A specification of the maximum market interest rate that can exist at delivery date
B specification of the amount of the underlying debt instrument to be delivered
C all of these choices are correct
D specification of the minimum market interest rate that can exist at delivery date
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