Question: 1. One of the key differences between forward contracts and futures contracts is: (a) Forward contracts trade on the financial markets. (b) Futures contracts can

1. One of the key differences between forward contracts and futures contracts is: (a) Forward contracts trade on the financial markets. (b) Futures contracts can be arranged for almost any currency. (c) Futures contracts can be unwound (bought or sold) prior to expiration. (d) Forward contracts are limited to standardized delivery dates. (e) None of the above

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