Solution :-
(A)
Calculation of Required Margin = ( June Contract )
Required Margin = Margin Requirement * ( Future sell price - Price time multiplier )
= 17% * ( 2437.25 * 50 )
= $20,716.625
(B)
Total Price increase = Multiplier * ( Increased Future Price - Future sell price )
= 50 * ( 2,464 - 2,437.25 )
= $1,337..50
Percentage Return = $1,337.50 / $20,716.625 = 0.0646 = 6.46%
(C) Percentage loss if future price Falls by 1.9%
[ $2437.25 * -1.9% * 50 ] / $20,716.625
= $2,315.39 / $20,716.625
= 11.176%
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