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NEW QUESTION: 1



A)

B)

C)

D)

A. Option D
B. Option B
C. Option C
D. Option A
Answer: B

NEW QUESTION: 2
Which of the following statements is not true of futures contracts?
A. Futures contracts may be customized to meet the needs of specific parties.
B. All futures contracts are highly standardized and trade on organized exchanges.
C. The clearinghouse serves to guarantee performance by the parties to a futures contract.
Answer: A
Explanation:
Customization is a characteristic of forward contracts, not futures

NEW QUESTION: 3

A. Option D
B. Option E
C. Option B
D. Option C
E. Option A
Answer: A,C,E