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Problem 17-5 a. Refer to Eigure 17.1 and locate the contract on the Standard & Poor's 500 Index. If the margin requirement is 18% of

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Problem 17-5 a. Refer to Eigure 17.1 and locate the contract on the Standard & Poor's 500 Index. If the margin requirement is 18% of the futures price times the multiplier of much must you deposit with your broker to trade the September contract? (input the amount as positive value. Round your answer to 2 decimal places.) Required margin b. If the September futures price were to increase to 1,260, 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 September futures price falls by 1.8%, what is the percentage gain or loss on your net investment? (nput the amount as positive value. Do not round intermediate calculations.) (Click to select) v of References eBook & Resources Problem 17-5 Worksheet

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