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A Forward Contract

Question 21

Multiple Choice

A forward contract


A) ​is not traded on an organized exchange and is customized to meet the needs of the parties.
B) ​is not traded on an organized exchange and is subject to formal regulation which results in standardized contracts.
C) ​is traded on an organized exchange and is subject to formal regulation which results in standardized contracts.
D) ​is traded on an organized exchange and is customized to meet the needs of the parties.

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