Explain the key differences between an options contract and a forward contract. For each contract, give an example of how it might be used by a firm.

Name: Explain the key differences between an options contract and a forward contract. For each contract, give an example of how it might be used by a firm.
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The Answer of Explain the key differences between an options contract and a forward contract. For each contract, give an example of how it might be used by a firm.

Explain the Key Differences Between an Options Contract and a Forward