If you buy a 5 Year Treasury note future and do not close your position prior to the delivery date, you will receive 5 year Treasury bonds.

True

False

If you buy a Mexican peso futures contract and do not close your position prior to the delivery date, you will receive 1,000 pesos..

True

False

Margins are NOT used when trading in Fx futures.

True

False

Margins are not necessary when trading interest rate futures.

True

False