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ANSWER IN WORD NOT IN EXCEL What is the forward price on a 1-year contract on a portfolio tracking the NASDAQ composite index, assuming the

image text in transcribedANSWER IN WORD NOT IN EXCEL

What is the forward price on a 1-year contract on a portfolio tracking the NASDAQ composite index, assuming the current value of the index is 6213.13, the 1-year risk free interest rate is 1.25%, and the average dividend yield (assumed to be continuous) on the NASDAQ composite index is 0.93%

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