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A ____Contract Is a Private, Tailored, Bilateral Agreement Between Two

Question 3

Multiple Choice

A ____contract is a private, tailored, bilateral agreement between two parties in which one party agrees to purchase, and the other to sell, a specified number of units of a specified asset at a given future date and at a specified price.


A) swap
B) forward
C) futures
D) warrant

Correct Answer:

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