3. Which of the following occurs in the daily settlement of futures contracts? A. Initial margin deposits

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3. Which of the following occurs in the daily settlement of futures contracts?

A. Initial margin deposits are refunded to the two parties.

B. Gains and losses are reported to other market participants.

C. Losses are charged to one party and gains credited to the other.

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Derivatives

ISBN: 9781119850571

1st Edition

Authors: CFA Institute

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