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Which letter best describes forward contracts? Counterparty credit risk? Settlement? Custom tailored? a) Daily (mark-to-market) No No b) Daily (mark-to-market) No Yes c) End of

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Which letter best describes forward contracts? Counterparty credit risk? Settlement? Custom tailored? a) Daily (mark-to-market) No No b) Daily (mark-to-market) No Yes c) End of contract Yes No d) End of contract Yes Yes e) Daily (mark-to-market) Yes No f) Daily (mark-to-market) Yes Yes End of contract No No h) End of contract No Yes

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