Which of the following option is false? Select the most suitable answer. Select one: O a. The value of long forward increases as the price of the asset rises. O b. A 1-year forward contract is an agreement where one counterparty has the obligation to buy an asset for a particular price in 1-year time from the other counterparty. O c. Forward contracts are negotiated before inception. O d. Forward contracts are popular in foreign exchange market. O e. Forward contracts are not standardized in most exchanges across the world. Which of the following attributes towards a perfect hedge? Select one: a. Buy/sell futures with low price-change correlation with the underlying assets. O b. Buy/sell futures with a delivery month close to the end of hedging. O c. Buy/sell futures with lowest possible maintenance margin. O d. Buy/sell futures in the over-the-counter market to customize the contract. O e. Buy/sell futures with lowest possible initial margin requirement. Clear my choice Which of the following option is false? Select the most suitable answer. Select one: O a. The gross payoff function of a short European call option is min(0, K-St). O b. European options are easier to analysis than America options. O c. The holder of a forward contract is obligated to buy or sell an asset. O d. Considering the premium, it is possible that a call option makes a loss even it is in-the-money. O e. The holder of a call or put option must exercise the right to buy or sell an asset