Question: Futures contracts are typically ____; forward contracts are typically ____. a. sold in an over-the-counter market; sold on an exchange b. offered by commercial banks;
Futures contracts are typically ____; forward contracts are typically ____.
| a. | sold in an over-the-counter market; sold on an exchange | |
| b. | offered by commercial banks; offered by commercial banks | |
| c. | sold on an exchange; sold in an over-the-counter market | |
| d. | sold on an exchange; sold on an exchange |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
