Refer to the MiniS\&P contract in Figure 221. Assume the closing price for this day...

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Refer to the MiniS\&P contract in Figure 221. Assume the closing price for this day a. If the margin requirement is 26% of the futures price times the contract multiplier of $50, how much must you deposit with your broker to trade the June maturity contract? (Round your onswer to the nearest whole dollac) b. If the June futures price increases to 260170 , what percentage return will you eam on your investment if you entered the long side of the contract at the price shown in the figure? (Do not round intermediate calculotions. Round your answer to 2 decimal places.) c. If the June futures price falls by 1%, what is your percentage return? (Negotive amount should be indicoted by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Refer to the MiniS\&P contract in Figure 221. Assume the closing price for this day a. If the margin requirement is 26% of the futures price times the contract multiplier of $50, how much must you deposit with your broker to trade the June maturity contract? (Round your onswer to the nearest whole dollac) b. If the June futures price increases to 260170 , what percentage return will you eam on your investment if you entered the long side of the contract at the price shown in the figure? (Do not round intermediate calculotions. Round your answer to 2 decimal places.) c. If the June futures price falls by 1%, what is your percentage return? (Negotive amount should be indicoted by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.)

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