Only PT 2 Thank you

Intro The current value of the S&P 500 stock index is 2,993 and its expected dividend yield is 1%. The risk-free rate is 3.9% for all maturities (both continuously compounded). A futures contract on the index expires in 0.4 years. - Attempt 1/10 for 10 pts. Part 1 What should be the futures price? 2831.421 Correct Fo = Se (7-5) = 2,993e (0.039 0.01) - 0.4 = 3,028 Part 2 Attempt 4/10 for 8 pts. 60 days later, the index level has changed to $3,102. What is the value of the futures contract to the party in the long position? 0+ decimals Submit