You can withdraw funds from your margin account without closing your futures contract given which two of the following?
I. marking to market deducts funds from your margin account
II. marking to market adds funds to your margin account
III. margin balance after the withdrawal will exceed the maintenance margin requirement
IV. margin balance after the withdrawal will exceed the initial margin requirement
A) I and III only
B) I and IV only
C) II and III only
D) II and IV only
E) Funds cannot be withdrawn as long as the futures contract is outstanding.
Correct Answer:
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