Which of the following is one difference between a forward contract and a futures contract?...
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Finance
Which of the following is one difference between a forward contract and a futures contract?
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a. Forward contacts cannot be made on foreign currencies but futures contacts can.
b. Futures contacts cannot be made on foreign currencies but forward contacts can.
c. Futures contracts are standardized and trade on organized exchanges.
d. Futures contracts are customized contracts between foreign currency dealers and their customers.
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