Inequitu maiyin b. If the December futures price increases to 3,800, what percentage return will you earn on your investment? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Percentage return % c. If the December futures price falls by 1%, what is the percentage gain or loss on your investment? Note: Input the amount as a positive value. Use the dropdown to indicate whether there is a gain or loss. Do not round intermediate calculations. Round your answer to a whole number. of % Required: a. Refer to the table below and locate the E-Mini contract on the Standard & Poor's 500 Index. If the margin requirement is 10% of the futures price times the multiplier of $50, how much must you deposit with your broker to buy one December contract? Note: Round your answer to 2 decimal places. Index Futures Contract Open High Low Settle Change Open Interest Mini DJ Industrial Average (CBT)-$5 x index December 30,711 30,818 30,254 March'23 30,905 31,021 30,485 30,860 30,680 -116 -115 68,458 767 Mini S&P 500 (CME)-$50 x index December 3759.75 377425 3676.75 3707.25 -25.50 2,288,063 March'23x 3791.25 3804.25 3707.75 3738.00 -25.50 43,134 Mini S&P Midcap 400 (CME)-$100 x index December 2356.80 2368.40 2282.70 2306.40 -41.20 54,941 March'23x 2306.90 -41.20 1 Mini Nasdaq 100 (CME)-$20 x index December March'23x 11320.25 11382.75 11437.00 11493.25 1049.00 11153.25 -45.50 269,975 11167.00 11268.50 -43.75 4,162 Mini Russell 2000 (CEM)-$50 x index December 1771.90 1779.70 1712.70 1732.30 -29.60 535,545 March'23x 1784.40 1794.00 1728.30 1747.10 -29.20 263 Mini Russell 1000 (CEM)-$50 x index December 2039.60 2056.30 2021.10 2037.50 -16.90 9,210 U.S. Dollar Index (ICE-US)-$1,000 x index December 111.82 113 March'23x 111.43 112.55 111.78 111.41 112.88 112.45 0.89 54.413 0.86 819 Required margin b. If the December futures price increases to 3,800, what percentage return will you earn on your investment?
Inequitu maiyin b. If the December futures price increases to 3,800, what percentage return will you earn on your investment? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Percentage return % c. If the December futures price falls by 1%, what is the percentage gain or loss on your investment? Note: Input the amount as a positive value. Use the dropdown to indicate whether there is a gain or loss. Do not round intermediate calculations. Round your answer to a whole number. of % Required: a. Refer to the table below and locate the E-Mini contract on the Standard & Poor's 500 Index. If the margin requirement is 10% of the futures price times the multiplier of $50, how much must you deposit with your broker to buy one December contract? Note: Round your answer to 2 decimal places. Index Futures Contract Open High Low Settle Change Open Interest Mini DJ Industrial Average (CBT)-$5 x index December 30,711 30,818 30,254 March'23 30,905 31,021 30,485 30,860 30,680 -116 -115 68,458 767 Mini S&P 500 (CME)-$50 x index December 3759.75 377425 3676.75 3707.25 -25.50 2,288,063 March'23x 3791.25 3804.25 3707.75 3738.00 -25.50 43,134 Mini S&P Midcap 400 (CME)-$100 x index December 2356.80 2368.40 2282.70 2306.40 -41.20 54,941 March'23x 2306.90 -41.20 1 Mini Nasdaq 100 (CME)-$20 x index December March'23x 11320.25 11382.75 11437.00 11493.25 1049.00 11153.25 -45.50 269,975 11167.00 11268.50 -43.75 4,162 Mini Russell 2000 (CEM)-$50 x index December 1771.90 1779.70 1712.70 1732.30 -29.60 535,545 March'23x 1784.40 1794.00 1728.30 1747.10 -29.20 263 Mini Russell 1000 (CEM)-$50 x index December 2039.60 2056.30 2021.10 2037.50 -16.90 9,210 U.S. Dollar Index (ICE-US)-$1,000 x index December 111.82 113 March'23x 111.43 112.55 111.78 111.41 112.88 112.45 0.89 54.413 0.86 819 Required margin b. If the December futures price increases to 3,800, what percentage return will you earn on your investment?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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