For the following $2$ questions, use this information:

The NASDAQ $100$ has a one year forward price of $$7,700(F_0,1=$$$7,700).$ The

current spot price of the index is $$7,500$ and the annual continuous dividend

yield is $2\%.$

What is the price of the sunthetic bond?For the following $2$ questions, use this information:

The NASDAQ $100$ has a one year forward price of $$7,700(F_0,1=$$$7,700).$ The

current spot price of the index is $$7,500$ and the annual continuous dividend

yield is $2\%.$

What is the price of th synthetic bond?