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31. Given a stock index with a value of $1,000, an anticipated dividend of $30, and a risk- free rate of 6%, what should be

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31. Given a stock index with a value of $1,000, an anticipated dividend of $30, and a risk- free rate of 6%, what should be the value of one futures contract on the index? (a) (b) (C) (d) $943.40 $970.00 $915.09 $1,030.00

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