The Initial Margin of a Futures Contract Is Typically Between

question 41

Multiple Choice

The initial margin of a futures contract is typically between ____ percent of a futures contract's full value.

• A)0 and 2
• B)5 and 18
• C)25 and 40
• D)45 and 60

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Definitions:

Time Paper

Commercial paper or negotiable instruments, like promissory notes or bills of exchange, that have a specific maturity date.

Overdue

Referring to something, such as a payment or task, that has not been completed or paid by its due date.

Sunday

The day of the week considered the first day by some cultures and calendars and the seventh day by others, often associated with rest and religious activities.

Real Defenses

Legitimate legal defenses that can be raised against the enforcement of a negotiable instrument, including fraud, duress, or illegality.