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Which of the following is NOT true a . Futures contracts nearly always last longer than forward contracts b . Delivery or final cash settlement
Which of the following is NOT true
a Futures contracts nearly always last longer than forward contracts
b Delivery or final cash settlement usually takes place with forward contracts; the same is not true of futures contracts.
c Futures contracts are standardized; forward contracts are not.
d Forward contracts usually have one specified delivery date; futures contract often have a range of delivery dates.
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