1 The following transactions are the only ones made during the first 4 days that a futures contract trades. DAY TRANSACTION A long 30, B short 30 2 A long 55, C short 55 3 A long 45, D short 45 4 Clong 45, A sells 20, B sells 25 What is the open interest on these days? 30, 85, 130, 105 30, 55, 45, 50 30.85, 130, 110 30, 85, 130, 115 Question 4 Question 4 of 22 5 points The SP500 stock index is currently 1000.00. The risk-free interest rate is 1% per year and the dividend yield on this index is 3% per year. Approximately what should be the equilibrium futures price on a contract which matures in 6 months? (You can use either continuous or discrete compounding) 980 1000 0 0 0 0 1030 990