Advanced Questions

1:

A difference between forward and futures contracts is that

A.

forward contracts occur in a specific location - for example, the Chicago Mercantile Exchange

B.

futures contracts have negotiable delivery dates

C.

forward contracts can be tailored in amount and delivery date to the needs of importers or exporters

D.

futures contracts involve no brokerage fees or other transactions costs

 

Answer : C

Explanation :

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Option: A

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