Question: Question 1. How do futures contracts differ from forward contracts? (check all boxes that apply) Futures contracts can be traded on exchanges. With a futures

 Question 1. How do futures contracts differ from forward contracts? (check

Question 1. How do futures contracts differ from forward contracts? (check all boxes that apply) Futures contracts can be traded on exchanges. With a futures contract, the asset is purchased at a price that is determined in the future. While the buyer in a forward contract is obligated to purchase the underlying security at maturity, this is optional in futures contracts. Futures contracts are standardized in terms of size, quality, maturity

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