The Purchaser of a Futures Contract

The purchaser of a futures contract

A) does not have to worry about margin calls since margin loans are not required.
B) is affected by the daily procedure known as mark- to- market.
C) is generally required to make a cash deposit of 10 to 20% of the contract price at the time the contract is entered.
D) is required to obtain a margin loan equal in amount to the cost of the contract minus the cash down payment.