Both Forward Contracts and Futures Contracts Provide for the Receipt $\begin{array}{cc} \text { Subject to } & \text { Subject to } \\ \text { margin call } & \text { discounting } \\\end{array}$

Short Answer

Both forward contracts and futures contracts provide for the receipt or payment of a specific amount of an asset at a specific price with delivery at a specified future point in time.Which combination of characteristics is true for a futures contract? ?
$\begin{array}{cc} \text { Subject to } & \text { Subject to } \\ \text { margin call } & \text { discounting } \\\end{array}$
A) $\begin{array}{ll}&\text { No } &&&& \text { No } \\\end{array}$
B) $\begin{array}{ll}&\text { No } &&&& \text { Yes } \\\end{array}$
C) $\begin{array}{ll}&\text { Yes } &&&& \text { No } \\\end{array}$
D) $\begin{array}{ll}&\text {Yes } &&&& \text { Yes }\end{array}$