Which of the following statements is false? I) The maintenance-margin is the amount of money you post with your broker when you buy or sell a futures contract.
II) If the value of the margin account falls below the maintenance-margin requirement, the holder of the contract will receive a margin call.
III) A margin deposit can only be met with cash.
IV) All futures contracts require the same margin deposit.
A) I only
B) II only
C) III only
D) IV only
E) I, III, and IV
Correct Answer:
Verified
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