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Consider a 3 month futures contract on a Dow Jones Industrial Index. Stocks underlying the index have dividend yield of 2% per annum. The current

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Consider a 3 month futures contract on a Dow Jones Industrial Index. Stocks underlying the index have dividend yield of 2% per annum. The current value of the index is $1,276 and interest rate is 7% per year compounded continuously. What is the appropriate value of the futures price? Be sure to carry your answer out 2 decimal places and you do not need to include the S sign. For example, if your answer is $1,402.7855 then just type 1402.79 in the answer box

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