Find the rate of returnreport in percentage such as 25, Financial Management

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Find the rate of returnreport in percentage such as 25

You buy ten (5) S&P500 index December futures contracts. Currently, S&P500 futures price is $2,000. The contract size is 250 and initial margin requirement is 29%. A month later, futures price increases 6% increase. Find the rate of return.(Report in percentage such as 25 instead of 0.25.) (margin for error: +/- 1%)

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Financial Management: Find the rate of returnreport in percentage such as 25

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Financial Management: Find the rate of returnreport in percentage such as 25

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