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Which of the following statements are true/false: I: Taking a long position in gold futures contracts has cash flow risk arising from daily settlement. II:

Which of the following statements are true/false:

I: Taking a long position in gold futures contracts has cash flow risk arising from daily settlement.

II: Taking a short position in gold futures contracts has cash flow risk arising from daily settlement.

	A.	1 is true, II is false
	B.	1 is false, II is true
	C.	I and II are both false
	D.	1 and II are both true

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