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It is March 9, and you have just entered into a short position in a soybean meal futures contract. The contract expires on July 9 and calls for the delivery of 108 tons of soybean meal. Further, because this is a futures position, it requires the posting of a $3,000 initial margin and a $1,500 maintenance margin; for simplicity, however, assume that the account is marked to market on a monthly basis. Assume the following represent the contract delivery prices (in dollars per ton) that prevail on each settlement date: March 9 (initiation) $180 April 9179.75 May 9189.00 June 9182.50 July 9 (delivery) 184 Calculate the total return rate on your position on July 9. (Keep 4 decimal places) It is March 9, and you have just entered into a short position in a soybean meal futures contract. The contract expires on July 9 and calls for the delivery of 108 tons of soybean meal. Further, because this is a futures position, it requires the posting of a $3,000 initial margin and a $1,500 maintenance margin; for simplicity, however, assume that the account is marked to market on a monthly basis. Assume the following represent the contract delivery prices (in dollars per ton) that prevail on each settlement date: March 9 (initiation) $180 April 9179.75 May 9189.00 June 9182.50 July 9 (delivery) 184 Calculate the total return rate on your position on July 9. (Keep 4 decimal places)