On the settlement date of a forward contract:()
A. the short may be required to sell the asset.
B. the long must sell the asset or make a cash payment.
C. at least one party must make a cash payment to the other.
参考答案:A
解析:
A forward contract may call for settlement in cash or for delivery of the asset but does not typically contain an option to do one or the other. Under a deliverable contract, the short is required to deliver the asset at settlement, not to make a cash payment.