Question $14(10$ points$)$

Forward Contracts $($choose all that apply$)$:

a$)$ Are agreements to buy or sell an asset on some future date, at a predetermined price.

b$)$ Are usually traded on exchanges

c$)$ Can be traded anonymously

d$)$ Require the price to be paid up front.

e$)$ Involve marking$-$to$-$market.

f$)$ Are similar to insurance in their effects.