Question: 4- Please construct a table showing the following for Forwards, Futures, and Options: Definitions, Similarities between the three contracts, Differences between the three contracts, Pros

4- Please construct a table showing the following for Forwards, Futures, and Options:

Definitions, Similarities between the three contracts, Differences between the three contracts, Pros of each, and Cons of each:

Forwards

Futures

Options

Definition

List of similarities

List of differences

Pros

Cons

When each contract gains or loses

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