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 11% 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.) b. If the March futures price increases to 2598.00 , what percentage return will you eorn 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 ploces.) c. It the Morch futures price falls by 19, what is your percentage return? (Negative smount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal pleces.) Mini 58 \& 500 NCME $50 index Min SRP Midemp 400 NCMR- $100 index Refer to the Mini-S\&P contract in Figure 221. Assume the closing price for this day. a. If the margin requirement is 11% 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.) b. If the March futures price increases to 2598.00 , what percentage return will you eorn 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 ploces.) c. It the Morch futures price falls by 19, what is your percentage return? (Negative smount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal pleces.) Mini 58 \& 500 NCME $50 index Min SRP Midemp 400 NCMR- $100 index
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