Refer to the Mini-s&P contract in Figure 221. Assume the closing price for this day....
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Refer to the Mini-s&P contract in Figure 221. Assume the closing price for this day. a. If the margin requirement is 17% of the futures price times the contract multiplier of $50, how much must you deposit with your broker to trade the March maturity contract? (Round your answer to the nearest whole dollar.) Required margin deposit $ 17,630 b. If the March futures price increases to 2601.50, what percentage return will you earn on your investment if you entered the long side of the contract at the price shown in the figure? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Percentage return on not investment 16 c. If the March futures price falls by 9%, what is your percentage return? (Negative amount should be indicated by a minus sign. Do not round Intermediate calculations. Round your answer to 2 decimal places.) Percentage return on niet investment Refer to the Mini-S&P contract in Egute 221. Assume the closing price for this day. a. If the margin requirement is 17% of the futures price times the contract multiplier of $50, how much must you deposit with your broker to trade the March maturity contract? (Round your answer to the nearest whole dollar.) Required margin deposit $ 17,630 b. If the March futures price increases to 260150, what percentage return will you earn on your investment if you entered the long side of the contract at the price shown in the figure? (Do not round intermediate calculations, Round your answer to 2 decimal places.) Percentage roburn on niet investment c. If the March futures price folls by 1%, what is your percentage return? (Negative amount should be indicated by a minus sign. Do not round Intermediate calculations. Round your answer to 2 decimal places.) Porcentage return on not investment
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