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i have already solved those questions .Please solve this one . It is now January. The current annual interest rate is 5.4%. The June futures

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It is now January. The current annual interest rate is 5.4%. The June futures price for gold is $1550.40, while the December futures price is $1,549. Assume the June contract expires in exactly 6 months and the December contract expires in exactly 12 months a. Calculate the appropriate price for December futures using the parity relationship? (Do not round Intermediate calculations. Round your answer to 2 decimal place.) Price for December futures b. Is there an arbitrage opportunity here? NO Yes You buy a share of stock, write a one-year call option with X= $24, and buy a one-year put option with X = $24. Your net outlay to establish the entire portfolio is $22.60. What must be the risk-free interest rate? The stock pays no dividends. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Payoff Risk-free rate 6.19% a. Refer to Figure 171 and locate the E-Mini contract on the Standard & Poor's 500 Index. If the margin requirement is 17% of the futures price times the multiplier of $50, how much must you deposit with your broker to trade the June contract? (Input the amount as positive value. Round your answer to 2 decimal places.) Required margin b. If the June futures price were to increase to 2,464, 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 retum % b. If the June futures price were to increase to 2,464, 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 c. If the June futures price falis by 1.9%, 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 Dec Metal & Petroleum Futures Contract Open Open High hilo Low Settle Cho Interest Copper-High (CMX)-25,000 lbs.; $ per lb. June 2.5800 2.5800 2.5625 2.5705 -0.0225 1,053 July 25990 2.6050 2.5605 2.5735 -0.0230 83,015 Gold (CMX)-100 troy oz.; $ per troy oz. June 1269.40 1278.00 1256 80 1272.80 7.00 1.551 Aug 1268.40 1284 20 1259.00 1275.90 7.30 345.745 Oct 1272.30 128720 1263.00 1279.50 7.30 10,913 Dec 1275.50 1290.00 126620 1282.90 7.30 80.269 Feb 181279.30 1291.00 127270 1286.30 730 10.331 1295.00 1303.20 1295.00 1303.10 7.00 5.920 Palladium (NYM)-50 troy oz.: $ per troy oz. June 062.00 869.50 862.80 363.30 -2.95 82 July 865.60 871.55 85235 857.60 -3.75 45 Aug 858.50 85350 358.50 856.15 -3.75 2 Sept 858.90 871.25 847.55 853.80 -3.75 34,111 Dec 843.50 857.10 837.00 843.50 -0.45 1.729 March 18 039.30 843.00 A 835.00 832.15 -0.45 122 June 8.39.00 839.00 4 839.00 828.15 -0.45 16 Platinum (NYM)-50 troy oz: $ per troy oz. June 925.40 926,80 925.40 950.70 27.70 48 July 925.00 95550 923.30 951.90 27.70 52,791 Silver (CMX)-5.000 troy oz.: per troy oz. June 16.840 17,180 16,840 17.107 0.369 28 July 16.820 17.365 16.790 17.136 0.369 100,533 Crude Oil, Light Sweet (NYM)-1,000 bols.: $ per bbl. July 4594 44.55 44.73 -1.73 209,102 Aug 06.13 46.68 44.74 44.91 -174 442.600 Sept 4633 45.65 44.96 45.14 -175 274042 Dec 46.90 42.39 45.59 45.82 -1.63 311.435 Jue 18 47.74 40:49 46.74 121,795 Dec 43 24 45.30 47.21 110 150.760 NY Hath ILSDANYMI.42.00 online 8641.800 pels My Blackboard Content- Contract Open Open High hilo Low Settle Chg Interest Coffee (ICE-US)-37,500 lbs., cents per lb. July 126.50 127.90 125.30 125.55 -85 44,754 Sept 128.25 130.00 y 127.55 127.75 -90 97.731 Sugar-World (ICE-US)-112,000 lbs., cents perib. July 13.74 13.81 7 13.36 13.62 - 17 212475 Oct 1397 13.99 13.61 13.85 -17 349,542 Sugar-Domestic (ICE-US)-112,000 lbs.; cents perlb. Sept 27.76 27.75 27.75 27.67 03 1.964 Nov 27.39 27.39 27.39 27.44 04 1.279 Cotton (ICE-US)-50,000 lbs.; cents perib. July 74.47 74.83 73.40 73.50 -98 45,003 Dec 71.82 72.00 70.86 70.95 -87 155,910 Orange Juice (ICE-US)-15,000 lbs.: cents perlb. July 141.05 141.50 139.00 140.25 -80 6,044 Segt 138 45 13955 137.40 138.05 -1.40 4,087 Interest Rate Futures Treasury Bonds (CBT)-$100,000, pts 32nds of 100% June 155-130 157-130 155-120 156-290 1-19.0 3,304 Sept 153-310 156-050 153-290 155-200 1-19.0 730,435 Treasury Notes (CBT)-$100,000; pts 32nds of 100% June 126-180127-175 126-180 127-035 16.0 48.739 Sopt 126-110 127-000 125-105 126-295 17.5 1.131.656 5 Yr. Treasury Notes (CBT)-$100,000; pts 32nds of 100% June 118-225 119-057 118-217 118-292 7.5 49,887 5ep 118.065 110-247 118-060 118-150 3.0 T.123.645 2 Yr. Treasury Notes (CBT)-$200,000; pts 32nds of 100% une 108-085 108-130 108.085 108-095 12 11.027 Sepi 108-0.30 08-092 108-030 108-052 1.7 1.174311 30 Day Federal Funds (CBT)-$5,000,000, 100-daily avg. June 98968 98 975 98.960 98.963 -005 71.380 July 98.00 90075 Y 350 98.855 005 157.474 10 Yr. Del. Int. Rote Swaps (CBT)-$100,000, pts 32nds of 100% 929 1191 94145 12 09 TU 11/30 150.760 81,641 84.147 97,511 85,745 June Sept 186 368 208,648 180,592 185,021 109.540 85,557 JUNTO YU. Dec 48.00 48.24 46.90 47.21 -1.10 NY Harbor ULSD (NYM)-42,000 gal: $ per gal. July 1.4412 1.4550 1.4062 1.4102 -0375 Aug 1.4500 14618 1.4139 1.4180 -0368 Gasoline NY RBOB (NYM)-42.000 gal: $ per gal. July 1.4856 1.4959 1.4292 1.4327 -0668 Aug 1.4811 1.4953 14281 1.4315 -.0625 Natural Gas (NYM)-10,000 MMBtu.; $ per MMBtu. July 2.962 2.989 2.916 2.933 -033 Aug 2.990 3.007 2.936 2.953 --036 2.970 2.989 2.922 2.937 -035 Oct 2.997 3.013 2949 2.962 -038 Jan '18 3.301 3.303 3,249 3.263 --033 April 2.881 2.887 2.854 2.856 -026 Agriculture Futures Com (CBT)-5,000 bu, cents per bu. July 381.00 385.00 376.75 377.00 -4.00 Sept 388.50 392.75 384 25 385.00 -3.50 Oats (CBT)-5,000 bu., cents per bu. July 254.00 256.25 252.50 255.50 2.25 Dec 241.75 243.75 A 241.50 242.75 2.00 Soybeans (CBT) 5,000 bucents per bu. 932.00 939.00 931.00 931.75 - 75 Nov 938.25 945.25 937.50 939.00 Soybean Meal (CBT)-100 tons: $ per ton July 301.20 304.20 301.20 301.80 30 Dec 307.00 309.20 30670 307.70 .00 Soybean Oil (CBT) 60,000 lbs. cents per lb. July 3220 31.96 12.00 32.50 32.75 3240 32.56 03 Rough Rice (CBT) 2,000 cwt: $ per cwt. July 1124 50 1125.00 1086.00 1103.00 -2250 Sept 116300 1153.00 1108,00 1130.50 - 23.00 Wheat (CBT) 5,000 bucents per bu. July 445,00 452,25 461.75 443.00 -2.09 10 Yr. Del. Int. Rate Swaps (CBT)-$100,000; pts 32nds of 100% June 93.391 94.500 A 93.391 94.141 578 12,681 Sept 102.531 103.313 A 102 203 102.984 .625 16,446 1 Month Libor (CME)-$3,000,000; pts of 100% June 98.7900 98.8000 98.7900 98.7900 -0075 9,528 July 98.7900 98.7900 98.7900 98.7875 -0050 3,147 Eurodollar (CME)- $1,000,000; pts of 100% 98.7275 98.7500 98.7250 98.7275 0025 1.493,523 Sept 98.6400 98.7000 98 6400 98.6700 .0250 1,407,477 Dec 98.5600 98.6300 98.5550 98.5900 .0300 1,724,980 Dec 1898.2300 98.3500 A 98.2250 98.2900 0550 1,397,044 Currency Futures Japanese Yen (CME). 12,500,000: $ per 100% June 9086 9192 9064 9129 -0033 145,801 Sept 9124 9228 .9102 9166 -0033 63.409 Canadian Dollar (CME)-CAD 100,000: $ per CAD June .7554 7597 7536 -7549 20011 143,138 Sept 7565 -7609 .7548 7561 0011 56,254 British Pound (CME)-462,500 $ per June 1.2754 1.2821 1.2724 1.2748 -0008 177.545 Sept 1.2787 1.2856 1.2761 1.2784 0008 89,873 Swiss Franc (CME) CHF 125,000: $ per CHF June 1.0326 10376 1.0274 1.0292 -0038 38.989 Sept 10387 10437 1.0336 1.0353 - 0010 16,045 Australian Dollar (CME)-AUD 100,000: $ per AUD June 7534 7636 A 7532 .7591 0052 105.593 July 17531 7631 7530 7587 0051 Aug .7530 7527 .7585 310 Sept 7525 7625 7523 7581 .0052 20.92 e 7520 7620 7518 7572 0050 Mexican Peso (CME) MXN 500,000: S per MXN June 0.5556 5582 0.5531 0.5560 00037 106536 Euro (CME)-125,000. $ per June 1.1212 1.1299 1.1196 1.1219 0001 32682 Sept 11267 1.1354 1.1251 1.1274 0004 103.565 Index Futures 452.077 409,284 4.211 1.890 July 248,150 284,651 129,154 135,043 507 1628 0052 3209 126.000 141.285 Dec 5.163 30819 154695 -50 July 301.20 304.20 301.20 301.80 .30 Dec 307.00 309.20 306.70 307.70 .80 Soybean Oil (CBT)-60,000 lbs., cents per lb. July 32.09 32 28 31.96 32.09 Dec 32.50 32.71 3240 32.56 03 Rough Rice (CBT)-2.000 cwt.: $ per cwt. July 1124.50 1126.00 108600 1103.00 -22.50 Sept 1153.00 1153.00 1108.00 1130.50 -23.00 Wheat (CBT) 5,000 bu.: cents per bu. July 445.00 452.25 441.75 443.00 -2.00 Sept 459.00 466.50 456.00 457.25 -2.00 Wheat (KC) 5,000 bu.: cents per bu. July 457.25 468,00 455.00 457.50 50 Sept 47400 484.75 472.25 475.00 .75 Wheat (MPLS)-5,000 bu; cents per bu. 627.00 645.75 A 623.25 627.50 Sept 63425 651.50 A 630.50 634.50 Cattle-Feeder (CME) 50,000 lbs.: cents per lb. Aug 149.100 149.400 145.550 140.125 -3.825 Sept 148.800 149.000 145.200 145.700 -4000 Cattle-Live (CME) 40,000 lbs.: cents per lb. June 126.875 127.000 124.500 124.500 -2.000 Aug 120.300 120 425 117875 117.875 -3.000 Hogs-Lean (CME) 40,000 lbs, cents per lb. June 82.775 83,050 A 82.700 83.000 225 Aug 30.050 81.000 79.700 30.400 .175 Lumber (CME)-110,000 bd.ft., S per 1,000 bd.ft. July 36890 370.00 365.60 368.00 -90 Sept 35450 359 80 354.80 357.60 Milk (CME) 200,000 lbs: cents per lb. jne 10.36 16.30 16.31 July 16.70 16.70 16.50 16.61 -06 Cocoa (ICE-US)-10 metric tons; $ per ton ily 2017 2,043 2.001 2.040 18 Sept 2.048 2.077 2033 2.075 19 Connect figure 173.jpg 864 1,800 pixe's My Blackboard Content-la une 37534 -7030 7332 20032 70,53 129,154 July 7531 .7631 7530 .7587 0051 507 135,043 Aug .7530 .7628 .7527 .7585 0052 316 Sept .7525 .7625 .7523 .7581 0052 28,292 126,008 Dec 7520 7620 .7518 .7572 0050 224 141,285 Mexican Peso (CME)-MXN 500,000; $ per MXN June 0,5536 0,5582 0.5531 0.5560 .00027 105,536 5,163 Euro (CME). 125,000; $ per 3,819 June 1.1212 1,1299 1.1196 1.1219 .0003 326,182 Sept 1.1267 1.1354 1.1251 1.1274 0004 143,565 154,696 Index Futures 144,177 Mini DJ Industrial Average (CBT) $5 x index 108,082 Juno 21322 21388 21289 21371 49 40827 78.968 Sept 21282 21346 A21246 21327 47 102619 S&P 500 Index (CME) $250 x index 24.255 June 2443.00 244300 2429.00 2437,20 2.80 72,284 26,710 Sept 2437.10 2442.10 2427.00 2435.30 -2.70 33,603 Mini S&P 500 (CME).$50 x index 32.577 June 2440.25 2440.50 2427.75 2437.25 2.75 1,023.610 9.864 Sept 2438 25 2443.25 2425.25 2435.25 2.75 2.433.721 Mini S&P Midcap 400 (CME) $100 x index 12,790 June 1768.60 1773.60 1754.40 1761.50 8.10 16,422 190,817 Sept 1770.30 177410 1754.30 1762.10 -8.00 81,233 Mini Nasdaq 100 (CME)-$20 x index 11.366 June 57523 S7800 5600.0 57253 -260 152624 36.145 Sept 57623 57890 56870 57328 -265 287,790 Mini Russell 2000 (ICE-US) $100 x index 2.342 June 1.200 1428.30 1430.00 1410.00 1416.30 -11.10 164216 Seot 1427.20 1429.70 1409 80 1416.30 -10.90 493.530 Mini Russell 1000 (ICE-US)-$100 x index 5,097 4,344 135370 1353.70 1345 80 1351,30 -1.60 2.724 Sept 1352.70 1352.70 1345.10 1390.60 100 7.716 U.S. Dollar Index (ICE-US)-$1,000 x index 15.136 June 97.01 07.11 96.31 96.31 02 63,500 120,024 Sept 96.73 96.81 9502 96.59 09 20,603

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