MCQOPTIONS
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| 1. |
A difference between forward and futures contracts is that ? |
| A. | forward contracts occur in a specific locations-for example, the Chicago Mercantile Exchange |
| B. | futures contracts have negotiable delivery dates |
| C. | forward contracts can be tailored in amount and delivery date to the need of importers of exporters |
| D. | futures contracts involve no brokerage fees or other transactions costs |
| Answer» D. futures contracts involve no brokerage fees or other transactions costs | |