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A forward contract on the Small Ordinaries Index for delivery in nine months. The Small Ords is currently 2020, the riskless rate is 6% p.a.
A forward contract on the Small Ordinaries Index for delivery in nine months. The Small Ords is currently 2020, the riskless rate is 6% p.a. and the expected dividend yield on the Small Ords is 4%.
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