单选题 The following information relates to an investor's positioning the futures market:

A、 Initial futures price per contract on Day 0
B、 $100
C、 Initial margin requirement per contract
D、 $5
E、 Maintemance rnmargin requirement
F、 $3
G、 Number of contracts held by the investor
H、 $10
I、 Position taken by the investor
J、 Long
K、 Settlement price per contract on Day 1
L、 $97

【正确答案】 C

【答案解析】The initial margin required was $4.5 × 10 contracts or $45. A loss of $2.5 per contract on Day 1 would deplete the margin to $20 is below the required maintenance margin of $25, the investor must deposit enough to bring the balance back to $45. The investor must deposit $25 on Day 2.