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A forward contract is an agreement between two parties for a sale ___?

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A forward contract is an agreement between two parties for a sale ___?

At some future date with both the quantity and the price determined on that future date.

0%

Of an unspecified quantity in the future at a price set today.

0%

At some future date with both the quantity and price determined today.

100%

Of goods delivered today and the price determined in the future.

0%

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