Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. which of the following statement is correct about

Which of the following statement is correct about a forward contract? A. You need to...

50.1K

Verified Solution

Question

Finance

image

Which of the following statement is correct about a forward contract? A. You need to pay an upfront fee when entering a forward contract B. Buying a forward contract gives you a right, not an obligation, to purchase an underlying asset O c. A forward contact cannot be tailored to meet your needs An underlying asset will be delivered at the time of your purchase of a forward contract D. A forward contract has counterparty risk E

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students