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One Chicago has just introduced a new single stock futures contract on the stock of Brandex, a company that currently pays no dividends. Esch contract calls for delivery of 2.000 shares of stock in one year. The T-bill rate is 3% per year. a. It Brandex stock row sels at $270 per shure, what should the futures price be? (Round your answer to 2 decimal places.) Futures price $ b. If the Brandex stock price drops by 3.0% what will be the change in the futures price and the change in the investor's margin account? (Input all amounts as positive values. Do not round Intermediate calculations. Round your answers to 2 decimal places.) New futurns price Investor's margin account Click to select c. If the margin on the contract is 560,000, what is the percentage return on the investor's position? (Negative amount should be indicated by a minus sign. Do not round Intermediate calculations. Round your answer to 2 decimal places.) Percentage retum