Multiple Choice
Forward contracts contain:
A) a commitment to the owner, and are standardized.
B) a commitment to the owner, and can be tailored to the owner's desire.
C) a right but not a commitment to the owner, and can be tailored to the owner's desire.
D) a right but not a commitment to the owner, and are standardized.
Correct Answer:
Verified
Correct Answer:
Verified
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