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Basic Question 5 of 11
At their initiation, both futures contracts and forward contracts specify ______.
II. the price at which the good will be exchanged
III. the time at which the exchange will occur
I. the good to be exchanged
II. the price at which the good will be exchanged
III. the time at which the exchange will occur
User Contributed Comments 1
| User | Comment |
|---|---|
| mbowa | wow, principal clearly explained |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
define forward contracts, futures contracts, swaps, options (calls and puts), and credit derivatives and compare their basic characteristics
CFA® 2024 Level I Curriculum, Volume 5, Module 2.