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QCHAPTER 20 - Chapter 20 FUTURES Multiple Choice Questions...

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Chapter 20 FUTURES Multiple Choice Questions Understanding Futures Markets 1. Spot markets are: a. for a limited number of commodities. b. for immediate delivery c. for future delivery. d. markets designed to attract speculators. 2. A forward contract differs from a futures contract in that: 3. Futures contracts are regulated by the: 4. A futures contract is 5. Futures contracts were first traded on a. stock indexes. b. foreign currencies. c. commodities. d. government bonds. 6. Which of the following variables is not established on a futures contract? Chapter Twenty Futures 1
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The Structure of Futures Markets 7. Futures trade on the: 8. Futures exchange members:
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