A: trades over-the-counter.
B: is initiated at a zero value.
C: is marked-to-market daily.
举一反三
- Which of the following is most likely to be a feature common to both forward and futures contracts? A: Daily marking to market of contracts B: Standardization of the contract’s terms and conditions C: Their use for hedging or speculation
- To the holder of a long position, it is more desirable to own a forward contract than a futures contract when interest rates and futures prices are: A: negatively correlated. B: uncorrelated. C: positively correlated.
- Which of the following statements is most accurate() A: Forward contracts require that both parties to the transaction have a high degree of creditworthiness. B: Forward contracts are marked to market daily. C: Futures contracts have more default risk than forward contracts.
- During its life, the value of a forward contract is most likely equal to the price of the underlying minus the price of the: A: forward. B: forward, discounted over the original term of the contract. C: forward, discounted over the remaining term of the contract.
- The price of a forward contract most likely: A: decreases as the price of the underlying goes up. B: is constant and set as part of the contract specifications. C: increases as market risk increases.
内容
- 0
The black coal there is a sharp __ white snow. A: content with B: contract with C: contract to D: contrast to
- 1
Which of the following items<br/>is not specified in a futures contract? I) The contract size II) The maximum acceptable price range during the life of the contract III) The acceptable grade of the commodity on which the contract is heldIV) The market price at expiration V) The settlement price A: II and IV B: I, III, and V C: I and V D: I, IV, and V E: I, II, III, IV, and V
- 2
Ourcompanyhasmadeawithaforeignautomobilecompanytobuy500cars. A: contrast B: contract C: concept D: contact
- 3
In the forward market, the exchange rate is agreed on at the time of the currency contract, but payment is not made until the future delivery of the currency actually takes place.
- 4
You need to check each commodity or futures contract since each of them is ____