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A six-month futures contract on a stock index is entered into when the index price is 28000, the six-month risk-free rate is 4%, and the
A six-month futures contract on a stock index is entered into when the index price is 28000, the six-month risk-free rate is 4%, and the dividend yield on the index is 1%. What is the theoretical "fair value" forward price? Enter a number (no $ sign) that is rounded to zero decimal places.
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