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Required: a. Refer to Figure 171 and locate the E-Mini contract on the Standard & Poor's 500 Index. If the margin requirement is 22% of

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Required: a. Refer to Figure 171 and locate the E-Mini contract on the Standard \& Poor's 500 Index. If the margin requirement is 22% 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 3,112, what percentage return will you earn on your investment? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. If the March futures price falls by 2.7%, 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.) Required: a. Refer to Figure 171 and locate the E-Mini contract on the Standard \& Poor's 500 Index. If the margin requirement is 22% 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 3,112, what percentage return will you earn on your investment? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. If the March futures price falls by 2.7%, 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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