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Assume that the spot SP500 index is 1000 on March 31 and that the September futures contract on that day is 1005.00. This futures contract

Assume that the spot SP500 index is 1000 on March 31 and that the September futures contract on that day is 1005.00. This futures contract will mature in 180 days. The 180-day riskless rate is 1.00%. If the spot and futures markets are in equilibrium, what does the market believe the future value of the dividend yield of the SP500 stocks will be over the next 180 days?

1.5%

0.5%

2.0%

1.0%

None of these answers are correct

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