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You expect the stock market to increase, but instead of acquiring stock, you decide to acquire a stock index futures contract. That index is currently
You expect the stock market to increase, but instead of acquiring stock, you decide to acquire a stock index futures contract. That index is currently and the contract has a value that is $ times the amount of the index. The margin requirement is $
When you make the contract, how much must you put up Round your answer to the nearest dollar.
$
What is the value of the contract based on the index? Round your answer to the nearest dollar.
$
If the value of the index rises percent to what is the profit on the investment? Round your answer to the nearest cent.
$
What is the percentage earned on the funds you put up Round your answer to one decimal place.
If the value of the index declines percent to what percentage of your funds will you lose? Round your answer to one decimal place. Enter your answer as a positive value.
What is the percentage you earn or lose if the index falls to Round your answer to one decimal place. Enter your answer as a positive value.
The percentage
Select
is
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