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With regard to futures contracts, margin is: a. A good faith deposit made at the time of the contract is bought or sold. b. The

With regard to futures contracts, margin is:

a.

A good faith deposit made at the time of the contract is bought or sold.

b.

The maximum percentage that the price of the contract can change before it is marked-to-market.

c.

The maximum percentage that the price of the underlying asset can change before it is marked-to-market.

d.

The amount of the money borrowed from the broker to buy a contract.

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