A customized contract between two parties, where settlement takes place on a specific date in future at a price agreed today is called
A customized contract between two parties, where settlement takes place on a specific date in future at a price agreed today is called ___?
[A]Future contracts
[B]Forward contracts
[C]Option contracts
[D]Warrant contracts
Forward contracts
A forward contract is a customized contract between two parties, where settlement takes place on a specific date in future at a price agreed today.
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Ajanta Ghosh
August 4, 2015 at 9:31 amI think the answer best represents A. Future Contracts….