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QUESTION 37 Which of the following regarding delivery is most accurate? a. Only a small percent of futures contracts result in actual delivery. b. Two-thirds

QUESTION 37

  1. Which of the following regarding delivery is most accurate?

    a. Only a small percent of futures contracts result in actual delivery.

    b. Two-thirds of futures contracts result in actual delivery.

    c. Approximately fifty percent of futures contracts result in actual delivery.

    d. Most futures contracts result in actual delivery of the underlying commodity.

QUESTION 38

  1. Which of the following regarding futures contract margin requirements is most accurate?

    a. If the value of the margin account declines below the maintenance margin requirement, the holder of the contract will receive a margin call.

    b. The maintenance margin is the amount of money a trader posts with a broker to buy or sell a futures contracts.

    c. All futures contracts require the same dollar margin deposit.

    d. A margin deposit can only be met with cash.

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