Question: The main difference between Options contracts and Futures contracts is that a. Futures have linear payoffs while Options have non-linear payoffs b. Futures are a

The main difference between Options contracts and Futures contracts is that

a. Futures have linear payoffs while Options have non-linear payoffs

b. Futures are a zero-sum-game and Options are not

c. Futures are marked-to-market and options are not

d. Futures use the arbitrage approach and Options are not

e.a. andc.are correct

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