Multiple Choice
Which of the following statements about futures contracts is correct?
A) Most futures contracts are held to maturity.
B) Future contract holders will either buy or sell an opposite contract on or before expiry date to close-out the contract.
C) The majority of commodity futures are held to maturity.
D) Financial futures contracts are delivered at maturity whereas all commodity futures are closed-out.
Correct Answer:
Verified
Correct Answer:
Verified
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