Multiple Choice
Financial futures are:
A) a commitment between two parties to trade a financial instrument at a certain rate at a specified time in the future.
B) A call option on a standardized asset at a certain price at a specified time in the future.
C) A put option on a standardized asset at a certain price at a specified time in the future.
D) a commitment between two parties on the price of a standardized financial asset with the final settlement specified time in the future.
E) b.and c.
Correct Answer:

Verified
Correct Answer:
Verified
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