问题 单项选择题

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.

答案

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.

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