Question o 10 pts Assume that the risk-free interest rate is 10% per annum with continuous compounding and that the dividend yield on a stock index varies throughout the year. In February, July, August, and November, dividends are paid at a rate of 5% per annum. In other months, dividends are paid at a rate of 2% per annum. Suppose that the value of the index on June 30 is 1,500. What is the futures price for a contract deliverable on December 31 of the same year? (Please round your answer to two decimal places) Question 7 10 pts Suppose that the risk-free interest rate is 10% per annum with continuous compounding and that the dividend yield on a stock index is 4% per annum. The index is standing at 500, and the futures price for a contract deliverable in five months is 515. What arbitrage opportunities does this create