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ellie425 ellie425
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3 months ago
Which of the following characteristics apply to futures contracts?

I.Futures contracts are an important tool to control risk.
II.Futures contracts are highly risky and involve speculation.
III.Futures contracts specify both the quantity and the quality of the item.
IV.The buyer must hold the contract until maturity.


▸ I and II only

▸ II and IV only

▸ I, II and III only

▸ I, II, III and IV
Textbook 

Fundamentals of Investing


Edition: 14th
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firebug210firebug210
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3 months ago
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More questions for this book are available here
I, II and III only

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