Which one of the following is the primary difference between a swap contract and a forward contract?
A)underlying asset
B)number of exchanges
C)daily marking to the market
D)option versus obligation
E)time of payment

Question

Quizplus · Accepted Answer

Swap contracts typically involve multiple exchanges between the parties over the life of the contract, whereas forward contracts generally result in a single exchange at maturity.

Which One of the Following Is the Primary Difference Between