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NEW QUESTION: 1



A)

B)

C)

D)

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

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

NEW QUESTION: 3

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