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Suppose the S&P 500 index is at 1315.34. The dividend yield on the index is 2.89%. Given T-bills yield 8.97% and time to delivery is

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Suppose the S\&P 500 index is at 1315.34. The dividend yield on the index is 2.89%. Given T-bills yield 8.97% and time to delivery is 106 days (use answer from question #35), and suppose that the futures contract in question sells for 1322.50. How would you take advantage of the price discrepancy? A) Long futures contracts B) short S\&P500 stocks C) both A and B D) None of the above

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