Question: Return to Required: a. Refer to Eigure 171 and locate the E-Mini contract on the Standard & Poor's 500 Index. If the margin requirement is
Return to Required: a. Refer to Eigure 171 and locate the E-Mini contract on the Standard & Poor's 500 Index. If the margin requirement is 12% of the futures price times the multiplier of $50, how much must you deposit with your broker to buy one March contract? (Do not round intermediate calculations.) Answer is complete but not entirely correct. Required margin S 18.432 b. If the March futures price increases to 3.102. what percentage return will you earn on your investment? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Percentage return 4.37 Return to Required: a. Refer to Eigure 171 and locate the E-Mini contract on the Standard & Poor's 500 Index. If the margin requirement is 12% of the futures price times the multiplier of $50, how much must you deposit with your broker to buy one March contract? (Do not round intermediate calculations.) Answer is complete but not entirely correct. Required margin S 18.432 b. If the March futures price increases to 3.102. what percentage return will you earn on your investment? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Percentage return 4.37
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