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Futures Contracts Are Sold on Exchanges and Are Consequently ____

Question 12

Multiple Choice

Futures contracts are sold on exchanges and are consequently ____ than forward contracts, which can be ____ to satisfy an MNC's needs.


A) more standardized; standardized
B) more standardized; custom-tailored
C) more custom-tailored; standardized
D) more custom-tailored; custom-tailored
E) less standardized; custom-tailored

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