OneChicago has just introduced o new single stock futures controct on the stock of Brandex,...
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Finance
OneChicago has just introduced o new single stock futures controct on the stock of Brandex, a compony thot currently poys no: dividends. Each contract calls for dellvery of 2,000 shares of stock in one yeat. The T-bill rate is 5% pdryeak. Required: 0. If Brondex stock now ses at 5260 per shore. whot should the furures price be? (Round your answer to 2 decimal places.) b. Brandexitock now tells of $260 per shace. If the Buandex mock price crops by 2.5 s. Whot will be the new futures price and the chonge in the investors mampin sccount? (Input all amounts as positive values. Do not round intermediate calculations. Round your nnswers to 2 decimal ploces.) c. Brandex stocknow selts ot $260 per shate. If the margin on the contoct is $50,000, what is the percentage retum on the inventorst porition, if the Brandex stock price drops by 25% : (Negetive amount should be indiceted by o minus sign. Do not round intermediote colculetions. Round your onower to 2 decimal pleces.)


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