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The Holder of a Long Forward Contract Has

Question 5

Multiple Choice

The holder of a long forward contract has:


A) the option to buy the underlying asset at a fixed price on a fixed future date
B) the option to sell the underlying asset at a fixed price on a fixed future date
C) the obligation to buy the underlying asset at a fixed price on a fixed future date
D) the obligation to sell the underlying asset at a fixed price on a fixed future date
E) None of these answers are correct.

Correct Answer:

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