Options for blank 1: underpriced or overpriced.

Blank 2: buy or sell the index

Blank 3: buy or sell the futures

The CAC-40 Index (a widely followed index of French stock prices) is currently the expected dividend yield on the index is 1.6 percent p France is 3.1 percent annually. If CAC-40 futures contracts that expire in four months are currently trading at 5,531. What program trading strategy would you recommend? at 5,530, er year, and the risk-free rate in The futures are Click to select)y. and you would want to [(Click to select] and [Click to select ect