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Suppose the S&P 500 stock index is currently trading at $1,900. If the 1-year T-Bill rate is 1.00% and the expected dividend yield on the

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Suppose the S\&P 500 stock index is currently trading at $1,900. If the 1-year T-Bill rate is 1.00% and the expected dividend yield on the index is 2.00%, What should be the index futures price with 1-year maturity? Enter your answer in the following format: 1,234.56 Hint: Answer is between 1,692.90 and 2,106.72 You purchased a Treasury-bond futures contract yeterday with an initial margin requirement of 15.00%. You purchased the contract for $115,098 yesterday which has a face value of $100,000. Today the futures price falls to $107,000. How much (in \$) profit or loss did you make on your Futures position? Enter your answer in the following format: + or 1234.56 Hint: Answer is between 7,207.22 and 8,907.80

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