When the value of the futures contract margin account falls below the maintenance margin, ________
A) no action is necessary by the investor
B) there is a margin call
C) there is a margin call at which point the account must be brought back up to the maintenance margin amount
D) no money changes hands again until the expiration date
Answer: B
You might also like to view...
Which of the following is NOT a primary way fraud can be detected early?
a. by accident b. finding anomalies in the financial records c. someone reports suspicious activity d. watching those employees whose honesty test results were suspicious
A creditor-debtor relationship can exist between a bank and its customer.
Answer the following statement true (T) or false (F)
Data is the contextualization of information, that is, information set in context
Indicate whether the statement is true or false
Mary Kay has a child who will start college in 10 years. She plans to set aside $2,400 per year for her child's education during this period and estimates she will earn an annual rate of 8%
How much will Mary Kay have available for her child's education in 10 years? A) $24,000 B) $27,446 C) $34,769 D) $29,971