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16 a. Refer to Figure 17.1 and locate the E-Mini contract on the Standard & Poor's 500 Index. If the margin requirement is 15% of
16 a. Refer to Figure 17.1 and locate the E-Mini contract on the Standard & Poor's 500 Index. If the margin requirement is 15% of the futures price times the multiplier of $50, how much must you deposit with your broker to trade the September contract? (Input the amount as positive value. Round your answer to 2 decimal places.) 1.15 points Required margin eBook References b. If the September futures price were to increase to 2,466, 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 fiqure? (Do not round intermediate calculations. Round your answer to 2 decimal places.) % Percentage return c. If the September futures price falls by 2.3%, what is the percentage gain or loss on your net investment? (Input the amount as positive value. Do not round intermediate calculations.) of Futures Contracts (ICE-US)-12 00 Capper High 50 S)-50,000lbs; cents perlb. 141. 112-295 1 0 S per MXN Furo CMELC125 000 5r 121 0326 ndex Futures rage (CRT).$5 x index 212 2137 49027 2437.0 4.01.233 8 16 a. Refer to Figure 17.1 and locate the E-Mini contract on the Standard & Poor's 500 Index. If the margin requirement is 15% of the futures price times the multiplier of $50, how much must you deposit with your broker to trade the September contract? (Input the amount as positive value. Round your answer to 2 decimal places.) 1.15 points Required margin eBook References b. If the September futures price were to increase to 2,466, 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 fiqure? (Do not round intermediate calculations. Round your answer to 2 decimal places.) % Percentage return c. If the September futures price falls by 2.3%, what is the percentage gain or loss on your net investment? (Input the amount as positive value. Do not round intermediate calculations.) of Futures Contracts (ICE-US)-12 00 Capper High 50 S)-50,000lbs; cents perlb. 141. 112-295 1 0 S per MXN Furo CMELC125 000 5r 121 0326 ndex Futures rage (CRT).$5 x index 212 2137 49027 2437.0 4.01.233 8
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