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Which of the following does describe a forward contract? Multiple Choice Traded competitively on organized exchanges. Traded by bank dealers via a network of telephones

Which of the following does describe a forward contract?

Multiple Choice

  • Traded competitively on organized exchanges.

  • Traded by bank dealers via a network of telephones and computerized dealing systems.

  • Standardized amount of the underlying asset.

  • Standardized deliver dates.

not b or c, I think

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