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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 in futures contracts are

Which of the following statements are correct?

a. forward contracts are standardized and trade on an exchange.

b profits and losses in futures contracts are marketed to market on a daily basis.

c. Delivery of the assets almost never occurs in the forward market

d. futures contracts allows you to buy or sell individual stock for a preset price on the expiration date.

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