Compared with a forward contract, a futures contract ________.
A) is more flexible
B) is normally available through commercial banks
C) does not guarantee a future exchange rate
D) is only traded on an exchange
Answer: D
Compared with a forward contract, a futures contract ________.
A) is more flexible
B) is normally available through commercial banks
C) does not guarantee a future exchange rate
D) is only traded on an exchange
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.