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A stock index has a value of 1,200, an anticipated dividend at maturity T of $35.50, and a risk-free rate of 3% p.a.. What should

A stock index has a value of 1,200, an anticipated dividend at maturity T of $35.50, and a risk-free rate of 3% p.a.. What should be the value of one futures contract on the index if T is one year?

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