From a Cash Flow Standpoint,the Difference Between Forwards and Futures

From a cash flow standpoint,the difference between forwards and futures is that:

A) forwards require the payment of the purchase price at the time the forward is obtained,but futures are paid for only at maturity.
B) forwards cost more than futures.
C) futures are sold in larger denominations than forwards.
D) futures are settled every day,but forwards are settled only at maturity.

Correct Answer:

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