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NEW QUESTION: 1



A)

B)

C)

D)

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

NEW QUESTION: 2
Which of the following statements is not true of futures contracts?
A. All futures contracts are highly standardized and trade on organized exchanges.
B. The clearinghouse serves to guarantee performance by the parties to a futures contract.
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 D
B. Option E
C. Option B
D. Option A
E. Option C
Answer: A,C,D