Multiple Choice
At maturity of the forward contract, the following is true of the spot price and delivery price locked-in using the forward contract:
A) The spot price is greater than the delivery price.
B) The spot price is less than the delivery price.
C) The spot price is equal to the delivery price.
D) The spot price can be greater, equal to, or less than the delivery price.
Correct Answer:
Verified
Correct Answer:
Verified
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