Which of the following is true?
A)Most forward contracts between firms and banks are for speculative purposes.
B)A security deposit is not required for futures contracts.
C)The forward contracts offered by banks have maturities for only four possible dates in the future.
D)none of the above

Question

Quizplus · Accepted Answer

None of the given statements are true. A) Forward contracts between firms and banks are usually for hedging purposes. 
B) A security deposit, also known as margin, is required for futures contracts. 
C) Forward contracts can have custom maturities, not just limited to four possible dates.

Which of the Following Is True