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Which of the following statement is TRUE? Futures contract involves low to no credit risk. Cash flow occurs at the initial stage when forward contract

Which of the following statement is TRUE?

Futures contract involves low to no credit risk.

Cash flow occurs at the initial stage when forward contract is entered.

Long forward contract holder has the right to buy an asset at a specified price.

Futures contracts are only traded at the Over-the-counter (OTC) market.

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