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Required: a. Refer to Eigure 171 and locate the E-Mini contract on the Standard & Poor's 500 Index. If the margin requirement is 17% of

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Required: a. Refer to Eigure 171 and locate the E-Mini contract on the Standard \& Poor's 500 Index. If the margin requirement is 17% of the futures price times the multiplier of $50, how much must you deposit with your broker to buy one March contract? (Do not round intermediate calculations.) b. If the March futures price increases to 3,118 , what percentage return will you earn on your investment? (Do not round intermedlate calculations. Round your answer to 2 decimal places.) c. If the March futures price falls by 3.0%, what is the percentage gain or loss on your investment? (Input the amount as positive value. Do not round intermediate calculations, Round your answer to 2 decimal places,)

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