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Suppose the value of the S&P 500 Stock Index is currently ( $ 3,000 ). If the one-year T-bill rate is 3.4 and the expected

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Suppose the value of the S\\&P 500 Stock Index is currently \\( \\$ 3,000 \\). If the one-year T-bill rate is \3.4 and the expected dividend yleld on the S\\&P 500 is \2.8, what should the one-year maturity futures price be? A. \\( \\$ 3,018.00 \\) B. \\( \\$ 6,510.00 \\) C. \\( \\$ 5,000.00 \\) D. \\( \\$ 1,012.00 \\)

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