Which about forward and futures contracts is most correct

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Problem 1: Which of the following statements about forward and futures contracts is most correct?

a. Futures contracts don't have any margin requirements but forward contracts do.

b. Goods are never delivered under forward contracts, but are almost always delivered under futures contracts.

c. One advantage of forward contracts is that they are default free.

d. There are futures contracts for currencies but no forward contracts for currencies.

e. None of the above

Reference no: EM132664671

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