In problem 1, if the S&P Index futures contract goes up to $1,283.60, what will be the

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In problem 1, if the S&P Index futures contract goes up to $1,283.60, what will be the total dollar profit on the contract? What is the percent return on the initial margin? If this price change occurred over four months, what is the annualized return? (Multiply by 12/4.)
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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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