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Required: The current level of the S&P 500 is 2,700. The dividend yield on the S&P 500 is 2%. The risk-free interest rate is 1%.

Required: The current level of the S&P 500 is 2,700. The dividend yield on the S&P 500 is 2%. The risk-free interest rate is 1%. What should be the price of a one-year maturity futures contract? (Do not round intermediate calculations.) Futures price

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