What is the major difference in the obligation of one with, Financial Management

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What is the major difference in the obligation of one with

What is the major difference in the obligation of one with a long position in a futures (or forward) contract in comparison to an options contract? Do they have any risk for the investors?

Also give an exaple for the baove question expalin in detail with example.

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Financial Management: What is the major difference in the obligation of one with

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Financial Management: What is the major difference in the obligation of one with

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