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Which of the following observations is true of forward contracts? Multiple Choice They cannot be customized for a specific amount at a specific date. A

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Which of the following observations is true of forward contracts? Multiple Choice They cannot be customized for a specific amount at a specific date. A substantial margin is required to initiate a contract They are usually settled with a net cash amount prior to maturity date. They must be completed either with the underlying's future d elivery or net cash settlement

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