v. The difference between a futures contract and a forward contract is that... a. in the case of a futures contract, profits and losses are realized daily via b. in the case of a forward contract, profits and losses are realized daily via c. profits on a futures contract are taxed at a lower rate than profits on a forward d. profits on a forward contract are taxed at a lower rate than profits on a futures e. none of the above. marking to market. marking to market. contract. contract. vi. Which of the following statements is CORRECT? a. All commodity futures are settled via physical delivery. b. All commodity futures are financially settled. c. All commodity futures have call options but not put options. d. All commodity futures have put options but not call options. e. None of the above. vii. Kahneman and Tversky's research about what subjects would do to combata disease that is about to strike America and kill 600 people focused on which bias? a. 1/N Diversification. b. overconfidence. c. quasi-magical thinking. d. framing. e. representativeness viii. Epley and Gilovich find that when asked about the lowest body temperature of a human ever recorded, subjects give an average estimate of 78.9 degrees Fahren heit. The actual lowest body temperature of a human ever recorded is 57.5 de grees Fahrenheit. Epley and Gilovich argue that the poor estimates of the subjects are due to which bias? a. gambler's fallacy b. representativeness. c. framing. d. overconfidence. e. anchoring