Refer to the Mini-S&P contract in Figure 22.1. Assume the closing price for this day. a. If the margin requirement is 21% of the futures price times the contract multiplier of $50, how much must you deposit with your broker to trade the December maturity contract? (Round your answer to 2 decimal places.) Required margin deposit b. If the December futures price were to increase to 2,093.50, 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.) Porcentage return on net investment % c. If the December futures price falls by 1%, what is your percentage return? (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.) % Percentage return on net investment Futures Contracts I wsi.com.commodities Metal & Petroleum Futures Co Com Copper High CO 26.000 2.31935 22000 220 20 2013 Gold 100 per 100 . 10 2010 160 13500 1870 400 O 114500 10 10 20 327 Des 13631670 13650 SAU 1 100 100 1910.30 2000 Palladium 0.0000 OS -100 SORES SITE -300 2 ber 80520 SOS PNYM ry TOT 1030 1920 192.00 17.70 Oct 100200 107930 10000 10 130 SUS SiveCD.CO 16 21 1936 22 19 Spl 210 125 126 2.319 500 Crude Oil Light See 10 Ag 23 46.00-20.00 003 4700 4729-2X 2024 Odi 106 503 0761 011-24 New 50.00 5120 8.51 4151 -231604 De 5155175 0 02-27 340 Dec 54 5138 -1821 HY Harbor LSD 10.000 pl 15174 Ich t- 1023 Mars 150 151 1454 14577 -0631 40 Gawline NY RBOBNY 42.000 per 15170 1920 14 140 - 11 Sep om 15111 14234 1.4413 -2012 Matural Gas 20.000 per MER 2015 2712 2.764 -22 12 Seat 2 2544 216.14 2.758-223 Oct 20 2501 2. 2002-211 111.490 NO 151115 294 2955 - 987 172430 24 2221 1.341-1 102 25 12 2.214 - Agriculture Futures Can ICT-5.000 Bucuperbe 16.00 3500 33375 300 -100 1,872 Set 35100 2005 -32520 Oats CT 5.000 ly 2011.00 208 50 2055 216.00 108 Dec TODOS 15150-125 Suyan 5.000 1150251150 110 1117.00 -5175 5.72 My 112000 120.00 107750 1077.75 -5025 Soybean Meal 100 toporto MY 290200 25.00 - 19.00 2.286 De 15023170 378.00-20.00 12 Soybean 40.000 euro per 100 31.33 3052 10.12 -20 272 Owl 31.05 7159 3101 11.22 -32 72.05 Tough ice ICT-2000 .corpo 107000 15 02000 1921-100 Sept 102.00 10500 100000 1001.00-14.00 Why S.000 4.750 48.50 135 726 Set 1303 13450747575 430 1252415 Whe000 bonus M 71.00 25.00 200 735 5000 509 475 8.25 135 27512 Cattle Feeder 50,000 perb Ang CES Les 12750 14.07 105 2016 Sep 14135 H850138150 150 SA Cuvinte kas 111061422511107 113.50 OS 11.01 13S 10 11 150 14.000 64211 Hoge Laan) 40.000 MY 22 1200 -0% O MES 1.250 - 700 210 Lumber 10.000.000 0351710 30 217.10 120 954 Sept 115.10 18.00 1116 222.00 7.80 210 Mi 200.000 perb wy 15.05.08 - 10 las 158 159 15.55 15.0 Cocos -- tom per My 1104 2104 1104 2.104 30 1010 28 20 Dut De D AN ch Colleen A 145.40 1450 160 14030 - 1403103 144 1595 Sow World, 20 2110 24 02 09 Mar 17 2356 2113 10 21 SowDomestic 12.000 Se 2005 21.05 14 3780 7700 Cotton 5.000 292290 1 550614 1504 Orange 15.000 My 125.00 15.00 17720001 1416 Interest Rate Futures Treasury Ben 100.000 of 100 Sapt 16130 130 1730 17.00-18.00 J73200 14.0 172100 114-120 10 Try Notes 100.000 photos Sets 1.173.000 133215 20 277 Dex 30-200 000 133.000 270 2011 5. 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Sport 1084 1077309052.00 1072.00 12.30 635 Od 100200 107930 1050 20 00 18.00 58.916 Saver XoG.000 oy or Spurtroyer Why 19.5 21.095 A 16 19.306 0.322 19.840 21225 A 1610 19.900 0.319 159.22 Crude Oil, Light Sweet M-1,000 tbls: per Aug 46.60 -2 42.00 Sept 40 500 700 4129 -35 212514 Odt 5045 SO 106,633 Nov SO2 51.30 45 48.51-21 SOB Der 5159 5175 2107 45.00 -227 244771 Dac12124 440 5194 5227-182 NY Harbor ULSONY 42.000 gal: pergal 15174 15:58 1410 1.4456 -0600 92.206 1570 15444 1.4548 1.4571 - 0927 9.00 Gasoline NY ROSNY-42.000.g.Sporal Aug ISIN 1629 1036 -0848 11870 Sep 1522 1501 14024 1.4413 - 0707 78.561 Natural Gas - 10,000 MB. per 27 2.14-223 212.00 Sept 2915 21 272 2.79 -21 216.640 Od 2560 2901 27 2.300-211 Now 20653115 2 2.955 -187 65.900 3410 1472 3127 2.341 - 151 100.000 1205 2.25 1.214 -131 62.935 Agriculture Futures Com car) 5.000 bis, curs per 3000 25000 344.00 100 7812 Sage 256 25 25.507 34100 250-526 562.370 Outs) 5.000 bucurs per bu 20000 20850 216.00 10.50 108 Dec 192.00 1907 1 191.50-125 5.696 Soybean 5.000 bucets 1156.25 115025 111000 111700-5175 5.622 May 112000 112000 107.50 1077.5 -1025.58 Soybean Meal CBT) 100 Sporton 29.20 0.20 100003560-110 Dec 7915031110 278.00 - 20.00 162.712 Soybean C) 60.000 is.cuperb Ally 31.0 21 27 Dec 315 2101 312 172.625 Rough cech) 2,000 cents pero 100.00 10.00 102000 102150-100 70 Sel 1042.00 10400 10400 1031.00-14.00 7.700 Wheat CT 5.000 .cuits por MY 4565 48000 225 776 400 35 LS 45.7 ense Wheat 5 000 tun perby 402.00 2.75 Sopk 50000 530 SOUS 3.25 2750 Citie Feeder C 60.000 lbs. con perib 142575 1445 1750 144.07 2016 Set 141875 1410 171150 10.50 1150 55 Cittle Live CM) 40.000 per Aug 113.050 1433 111.075 111450 115. 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Rate Swapen $100,000, pent of 2008 Sept 102750108375 1746 101701 1 Month Libor OME) $1.000.000 1001 DOOS 16 All 995300 995000 95000 93.5375 0005 870 surodollar (CE) $1.000.000, of 100% July 2009 200.3500 1500 - 1000 Sepl 3500 99.3550 350 99.3450 -050 1,198.1 Dec 3100 99.7200.250 1.1200 0100 1347,436 Dec 17100 99215091356 99,2050 -056 1,178,681 Currency Futures Japanese Yen ICE) 12,500,000.00 Sopl 9259 950 9021 DONG 146909 Dec 9000 9786 9905 boni Canadian Dollar CNE-CAD 100.000 per CAD Spl 7246 7795 ,7701-04 110 1786 2730 7686 7702 0042 British Pound CME (2.500 5 Sel 1370 151 13010 1.2007 - 025621 Dec 13330 134 17020 13054 1575 Swiss Franc CHF 125.000 per CHF 1.0307 10X 1021 1997 34 Australian Dollar (CMO) AUD 100.000 per ALD Sat 7441 7522 7430 7460 UN D 1869 7500 7413 2413 0003 Mexican Peso (CHE) ON 500.000 per MOON Der 05113 05200 05226-00118 Euro (CM) 125.000,5 per Sept 1.1955 11256 1108 11101-0065 342 Dec 11140 -06 4523 Index Futures Mini DJ Industri Average c5 x Set 17880 12904 1772 -104 1036 Der 17780 17807 17601 1760 -104 Mini S&P 500 MM Set 200073 2047 207250 2012.20 -11.55 2. De 2095 209.75 2054.00 2014-10-16 12 Mini SAP Midcap 400 $100 S 1915020 10 107120-1850 16.00 1.00 86.00 1472.00-1850 11 Mini Wada 100W SXOX Set 4434515 44000 -293 1976 Dec 44020 437 ASES Minibussell 2000 US$100 Se 1156.10 111011210-10 Dec 111101112100 -1880 Man Russell 1000 BCE-US$100 x See 1152 10 TIS440 1450 11510-8 U.S. Doller Index US 51.000 Set 9 5620 5 Dec 06.10 30 -21 10 cans