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Which of the following statements about derivatives is incorrect? A futures contract is a standardized forward contract A call option issuer can choose to sell
Which of the following statements about derivatives is incorrect?
- A futures contract is a standardized forward contract
- A call option issuer can choose to sell the underlying asset at the strike price to the option holder or not
- All derivates are zero-sum games
- A swap is a portfolio of forward contracts
Please explain
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
4th edition
978-0073369709, 73369705, 78025370, 978-0077444846, 77444841, 978-0078025372
