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30. Consider a stock index at 1,422.15 that is expected to pay a dividend of $3.40 in 10 days and in 100 days. (a) Find
30. Consider a stock index at 1,422.15 that is expected to pay a dividend of $3.40 in 10 days and in 100 days. (a) Find the price of a futures contract on the index that expires in 120 days. The risk-free rate is 2.88%. (b) Find the price if instead the dividend is quoted as a continuously compounded yield of 1%. e
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