QUESTIONS 91 THROUGH 96 RELATE TO DERIVATIVE INVESTMENTS

91. - MOCK AND SAMPLE EXAMS CFA CFA LEVEL I MOCK EXAM AFTERNOON 2013
MOCK AND SAMPLE EXAMS CFA CFA LEVEL I MOCK EXAM AFTERNOON 2013
91. Which of the following statements best describes an advantage of a forward contract over a futures contract? A forward contract: A. is essentially free of default risk. B. can easily be offset prior to expiration. C. allows parties to enter into a customized transaction.