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Which of the following is not a difference between forward and futures? a. Futures are long-term but forwards are short-term contracts. b. Futures are traded

Which of the following is not a difference between forward and futures?

		a. Futures are long-term but forwards are short-term contracts.
		b. Futures are traded on organized markets but forwards are not.
		c. Futures are standardized contracts and forwards are tailor-made.
		d. Futures involve fewer counterparty risks compared to forwards.

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