D Question 27 The multiplier for a futures contract on a stock market index is $130. The maturity of the contract is 1 year, the current level of the index is 1,960, and the risk-free interest rate is 0.4% per month. The dividend yield on the index is 0.2% per month. Suppose that after 1 month, the stock index is at 1.980. Your cash flow from the mark-to-market proceeds on the contract is $ 2.136.85 5 pts What is the holding-period return if the initial margin on the contract is $6,600? Do not round intermediate calculations. Round your answer to 2 decimal places, enter numbers and decimals only 32.38