Suppose the value of the S&P 500 Stock Index is currently $800. If the one-year T-bill rate

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Suppose the value of the S&P 500 Stock Index is currently $800. If the one-year T-bill rate is 3% and the expected dividend yield on the S&P 500 is 2%, what should the oneyear maturity futures price be?

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Essentials Of Investments

ISBN: 9780697789945

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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