Which of the following is a (are)key difference(s)a manager should note in choosing between forward and futures contracts?

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The key difference between forward and futures contracts is that futures contracts have standardized terms while forward contracts can be tailored to meet specific needs. This means that futures contracts can be more easily traded on exchanges and have greater liquidity, but they also carry greater default risk. Additionally, forward contracts require initial margin deposits and daily marking to market, while futures do not. Therefore, a manager should consider the specific needs of their business when choosing between the two types of contracts.

Which of the Following Is a (Are)key Difference(s)a Manager Should