Question: 1 7 Multiple Choice 1 point There are a number of differences between forward and futures contracts. Which of the following statements is FALSE? Futures

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Multiple Choice 1 point
There are a number of differences between forward and futures contracts. Which of the following statements is FALSE?
Futures have more default risk than forward contracts.
Futures have less liquidity risk than forward contracts.
Futures have standardized terms of agreement.
Futures have less credit risk than forward contracts.
In futures, the exchange becomes the counterparty to all transactions.
1 7 Multiple Choice 1 point There are a number of

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