A. forward contracts occur in a specific locations-for example, the Chicago Mercantile Exchange
B. futures contracts have negotiable delivery dates
C. forward contracts can be tailored in amount and delivery date to the need of importers of exporters
D. futures contracts involve no brokerage fees or other transactions costs
Correct Answer: forward contracts can be tailored in amount and delivery date to the need of importers of exporters ✔
Last Updated: June 11, 2019