Question 2 (1 point) A futures account holder has to create an account with the exchange. The initial margin is the amount he/she has to deposit initially to open the account. The account holder can withdraw the profits before the contract is cancelled or expired. Every business day, the previous day's opening price is used as the closing price for the sake of daily account clearing. only (a) and (c) are correct Question 3 (1 point) The rule regarding margin calls suggests that when a trader's balance falls below the initial balance, he/she will receive a margin call margin calls can be avoided by putting in more money than the initial margin to start the contract if the balance falls below maintenance margin, margin call asks the trader to bring it back to maintenance margin. if the balance falls below maintenance margin, margin call asks the trader to bring it back to initial margin