Question: The margin requirement on the S &P 5 0 0 futures contract is ( 1 6 % ) , and the

The margin requirement on the S\&P 500 futures contract is \(16\%\), and the stock index is currently 1,800. Each contract has a multiplier of \(\$ 50\).
Required:
a. How much margin must be put up for each contract sold?
Margin
b. If the futures price falls by \(1\%\) to 1,782, what will happen to the margin account of an investor who holds one contract? (Input the amount as a positive value.)
c-1. What will be the investor's percentage return based on the amount put up as margin? (Negatlve value should be Indleated by a minus sign. Round your answer to 2 decimal places.)
Percentage return
c-2. What would be the current cash balance in the margin account?
The margin requirement on the S\&P 500 futures contract is \(16\%\),

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