A future is a type of forward contract that is standardized usually in terms of

All of these.

Question

A future is a type of forward contract that is standardized usually in terms of
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All of these.

Quizplus · Accepted Answer

A future contract is a standardized agreement between two parties to buy or sell a specific asset at a future date, at an agreed price. The contract specifies the size of the contract, the quality of the underlying asset to be delivered, and the delivery date. Therefore, all of the options listed (A, B, and C) are correct.

A Future Is a Type of Forward Contract That Is