Question: can you answer this question for me please ? Required: You purchase a Treasury-bond futures contract with an initial margin requirement of 15% and a

can you answer this question for me please ?

can you answer this question for me please ? Required: You purchase

Required: You purchase a Treasury-bond futures contract with an initial margin requirement of 15\% and a futures price of $114,550. The contract is traded on a $100,000 underlying par value bond. If the futures price falls to $107,300, what will be the percentage loss on your position? (The contract multiplier is 1.) (Input the value as positive value. Do not round intermediate calculations. Round your answer to 2 decimal places.)

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