Calculate your percentage profit on the trade

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SP&P closes at 2250

Buyer : $250 x 2200.80 = $550,200

Seller : $250 x 2250 = $562,500

Seller pays buyer $12,300

I made a profit of $12,300

Currently, the initial margin requirement for an S&P futures contract is $28,125, and the maintenance margin requirement is $22,500.

Given the profit you found in part c, calculate your percentage profit on the trade, given what you had invested (the initial margin requirement).

Reference no: EM131351690

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