问题
单项选择题
The short in a deliverable forward contract:()
A. makes a cash payment to the long at settlement.
B. receives a payment at contract initiation.
C. is obligated to deliver the specified asset.
答案
参考答案：C
解析：
There is typically no payment made at contract initiation, and either party may have default risk if there is any probability that the counter party may not perform under the terms of the contract.