Question: Neither project is sensitive to changes in the discount rate, since both have NPV profiles that are horizontal. Which of the following statements is most

Neither project is sensitive to changes in the discount rate, since

Neither project is sensitive to changes in the discount rate, since both have NPV profiles that are horizontal. Which of the following statements is most CORRECT? * Goods are never delivered under forward contracts, but are almost always delivered under futures contracts. Futures contracts generally trade on an organized exchange and are marked to market daily. Essentially there are no differences between forward and futures contracts, except that forward contracts are used only for financial assets while futures contracts are used only for commodities. Forward contracts are generally standardized instruments, whereas futures contracts are generally tailor-made for the 2 parties of the contract. One advantage of forward contracts is that they are default free

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