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The current level of the S&P 500 is 1, 500. The dividend yield on the S%P 500 is 3.5%. The risk-free interest rate is 1.5%.

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The current level of the S&P 500 is 1, 500. The dividend yield on the S%P 500 is 3.5%. The risk-free interest rate is 1.5%. What should a futures contract with a one-year maturity be selling for? (Do not round intermediate calculations.) Futures price $ You purchase a Treasury-bond futures contract with an initial margin requirement of 15% and a futures price of $113, 100. The contract is traded is traded on a $100,000 underlying par value bond. If the future price falls to $107, 100, what will be the percentage loss on your position? (Input the value as positive value. Do not round intermediate calculations. Round your answer to 2 decimal places.) Total percentage loss %

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