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OneChicago has just introduced a new single stock futures contract on the stock of Brandex, a company that currently pays no dividends. Each contract calls

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OneChicago has just introduced a new single stock futures contract on the stock of Brandex, a company that currently pays no dividends. Each contract calls for delivery of 1,500 shares of stock in one year, The T-bil rate is 45 per year Required: a. If Brandex stock now sells at $210 per share, what should the futures price be? (Round your answer to 2 decimal places.) Futures price b. Brandex stock now sells at $210 per share if the Brandex stock price drops by 1.0%, what will be the new 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 futures price Investor's margin account od c. Brandex stock now sells at $210 per share. If the margin on the contract is $30,000, what is the percentage return on the investor's position, if the Brandex stock price drops by 10%? (Negative amount should be indicated by a minus sign. Do not round Intermediate calculations. Round your answer to 2 decimal places.) no Porcentage return

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