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Intro The current value of the S&P 500 stock index is 2,544 and its expected dividend yield is 1.9%. The risk-free rate is 2.9% for
Intro The current value of the S&P 500 stock index is 2,544 and its expected dividend yield is 1.9%. The risk-free rate is 2.9% for all maturities (both continuously compounded). A futures contract on the index expires in 0.5 years. Part 1 - Attempt 1/10 for 10 pts. What should be the futures price? 0+ decimals Submit Part 2 - Attempt 1/10 for 10 pts. 60 days later, the index level has changed to $2,679. What is the value of the futures contract to the party in the long position? 0+ decimals Submit
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