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SPY tracks the S&P Index and is currently at $415.4. The risk-free rate for 6-months is 1.2%. What should be the Futures price for delivery
SPY tracks the S&P Index and is currently at $415.4. The risk-free rate for 6-months is 1.2%. What should be the Futures price for delivery of 100 SPY shares 6-months from now?
Round the answer to two decimals.
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