1483.80 (open)

1497.75 (high)

1483.30 (low)

1491.80 (settle)

1.50 (change)

194,350 (open interest)

If the margin requirement is 10% of the futures price times the multiplier of $250, how much must you deposit with your broker to trade the March maturity contract?

Required margin deposit

$

b.	If the March futures price were to increase to 1,498, what percentage return would you earn on your net investment if you entered the long side of the contract at the price shown in the figure?(Do not round intermediate calculations. Round your answer to 2 decimal places)

Percentage return on net investment

%

c.	If the March futures price falls by 1%, what is your percentage return?(Negative amount should be indicated by a minus sign)

Percentage return on net investment

%