Question
Which of the following is false concerning futures and options? I.Neither options and futures have specific quantities when issued. II. Futures are standardized contracts; options
Which of the following is false concerning futures and options?
I.Neither options and futures have specific quantities when issued.
II. Futures are standardized contracts; options are not.
III. Futures represent ownership interest but options represent contingent ownership interest.
IV. Futures can expire worthless, as can options.
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
