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A Forward Price Can Differ from a Futures Price Due

Question 6

Multiple Choice

A forward price can differ from a futures price due to any one the following EXCEPT:


A) the two contracts have different commodity price risks
B) the two contracts have different credit risks
C) the two contracts have different legal risks
D) the two contracts have different interest rate risks in the reinvestment of cash flows
E) the contracts are structured as different entities-a forward has a terminal cash flow,while futures have daily cash flows

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