If you sell a forward contract,you agree to:
A) deliver a product at a later date for a price set today.
B) receive a product at a later date at the price on that later date.
C) receive a product at a later date for a price set today.
D) deliver a product at a later date for a price set on that later date.

Question

Quizplus · Accepted Answer

Selling a forward contract means that you are agreeing to deliver a product at a later date for a price set today. This is different from buying a forward contract, which would mean you are agreeing to receive a product at a later date for a price set today.

If You Sell a Forward Contract,you Agree To