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Which of the following statements is correct about futures contract? A) Future contract is an agreement to sell financial assets somewhen in the future with
Which of the following statements is correct about futures contract? A) Future contract is an agreement to sell financial assets somewhen in the future with the price determined on that date. B) it is a contract to exchange goods on a specified date in the future at a price that is agreed upon today. C) Future contract is obligation of a corporation to repurchase stocks at a specified date in the future. D) it is a contract to deliver goods today in exchange for the agreement to pay for these goods on a specified date in the future. E) it is a contract to exchange a specified quantity of goods on a specified date in the future at the current market price
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