Derivatives

CFA Level 1 · 5 questions

derivatives1 / 5

Question 1Easy

Which of the following best describes a forward contract?

A.An agreement to buy or sell an asset at a specified future date for a price agreed upon todayB.A standardized contract traded on an exchange with daily settlementC.The right, but not the obligation, to buy or sell an asset at a specified priceD.A contract that gives the seller the choice to deliver one of several assets

Select an answer and check it