Multiple Choice
_____ Which of the following is not a unique "contractual element" of forward-based derivative financial instruments?
A) No principal cash payments are made at the inception of the contract.
B) The parties swap currencies at the end of the contract.
C) If one party has a favorable outcome, the other party has an unfavorable outcome.
D) Notional balances or executory fixed amounts are recorded at the inception of the contract.
E) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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