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Futures Pricing (Spot-Futures Parity Theorem) Futures Pricing (Spot-Futures Parity Theorem) The current level of the S&P 500 is 1,000. The dividend yield on the S&P

image text in transcribedFutures Pricing (Spot-Futures Parity Theorem)

Futures Pricing (Spot-Futures Parity Theorem) The current level of the S&P 500 is 1,000. The dividend yield on the S&P 500 is 2.6%. The risk-free interest rate is 1.5%. What should a futures contract with a one-year maturity be selling for? Do not round intermediate calculations.) Futures price

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