Please use the following information for the next 3 questions, Suppose the S&P 500 is currently 1050 and the initial margin is 15% of the contract value (notional value). You wish to enter into 8 S&P 500 futures contracts. (You long 8 S&P 500 futures contracts Question 13 (4 points) What is the notional value of your position? $262.500 12 $8,400 15 $4,200,000 18 $2.100.000 21 Question 14 (4 points) What is the value of the initial margin? 24 $630.000 $1.260 $39.375 $315.000 Question 15 (4 points) Suppose you earn a continuously compounded annual rate of 5% on your margin balance, your position is marked to market weekly, and the maintenance margin is 75% of the initial margin. What is the greatest S&P 500 index futures price 1 week from today at which you will receive a margin call? $1,020.32 O$1.010.47 $995.67 O $1,005.83