Question: Futures differ from forwards because they are: I. Standardized contracts II. Used to hedge individual securities III. Marked-to-market daily Select one: A. I and II

Futures differ from forwards because they are: I. Standardized contracts II. Used to hedge individual securities III. Marked-to-market daily Select one:

A. I and II only B. I and III only C. II and III only D. I, II, and III

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