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A stock index currently stands at 239. The risk-free interest rate is 7.50% per annum (with continuous compounding) and the dividend yield on the index
A stock index currently stands at 239. The risk-free interest rate is 7.50% per annum (with continuous compounding) and the dividend yield on the index is 3.00% per annum. What should the futures price for a 8-month contract be? (Answer with two decimal accuracy. Example: 132.06)
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