Which of the following statements is false about futures account margin? a. Initial margin is higher than
Question:
Which of the following statements is false about futures account margin?
a. Initial margin is higher than maintenance margin.
b. A margin call results when account margin falls below maintenance margin.
c. Marking to market of account margin occurs at least daily.
d. A margin call results when account margin falls below initial margin.
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The false statement about futures account margin is d A margin call res...View the full answer
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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