Forward Contracts Are Contracts to Buy or Sell a Specified

Multiple Choice

Forward contracts are contracts to buy or sell a specified amount of an asset at a specified, fixed price with delivery at a specified future point in time.Which of the following is true about these contracts?

A) ​The party that agrees to buy the asset is said to be in a short position.
B) ​The party that agrees to sell the asset is said to be in a long position.
C) ​The specified, fixed price in the contract is known as the forward rate.
D) ​A forward contract requires an initial deposit of funds with the transacting broker.