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Which of the following statements are correct? a) Forward contracts are standardized and trade on an exchange b) Profits and Losses on Futures contracts are

Which of the following statements are correct? a) Forward contracts are standardized and trade on an exchange b) Profits and Losses on Futures contracts are marked to market on a daily basis. c) Delivery of the assets almost never occurs in the forward market d) Futures contracts allow you to buy or sell individual stocks for a preset price on the expiration date.

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