since commodities are driven by the similar

Question 17 (3 minutes / points): What is an advantage of using a Future over using a Forward? (A) (B) (C) (C Forwards are much more liquid than Futures. Futures have less credit risk com pared to Forwards. Futures can be customized which is not the case for Forwards All of the above is correct (D Question 18 (3 minutes / points): Which statement is TRUE? (A) Since commod ities are driven by the same economic fundamentals than bonds and stocks, they should have little correlation with them. This is good for diversification purposes. Since commod ities are driven by very different economic fundamentals than bonds and stocks, they should have little correlation with them. This is bad for diversification purposes Since commod ities are driven by different economic fundamentals than bonds and stocks, they should have little corre lation with them. This is good for diversification purposes Since commodities are driven by similar economic fundamentals than bonds and stocks, they should have similar correlation with them. This is good for diversification purposes. (B) (C) (D) Question 19 (3 minutes / points) I order to get the same pay-off function at maturity like for a short put option you can do which the following? (A) Go long the put's underlying and long a call with the same maturity, strike and underlying than the put. Go long the put's underlying and short a call with the same maturity, strike and underlying than the put. Short the put's underlying and short a call with the same maturity, strike and underlying than the put. Short the put's underlying and long a call with the same maturity, strike and underlying than the put. (B) (C) (D)