Question: Pls answer Refer to the Mini-S&P contract in Eigure 22.1. Assume the closing price for this day. a. If the margin requirement is 11% of

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Refer to the Mini-S\&P contract in Eigure 22.1. 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 earn on your investment if you entered the Iong side of the contract at the price shown in the figure? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. If the March futures price falls 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.)

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