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Suppose the value of the S&P 500 Stock Index is currently $2,850. 1.15 a. If the one-year T-bill rate is 3.3% and the expected dividend
Suppose the value of the S&P 500 Stock Index is currently $2,850. 1.15 a. If the one-year T-bill rate is 3.3% and the expected dividend yield on the S&P 500 is 2.6%, what should the one-year maturity futures price be? (Do not round intermediate calculations. Round your answer to 2 decimal places.) points Futures price eBook References b. What would the one-year maturity futures price be, if the T-bill rate is less than the dividend yield, for example, 1.6%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Futures price Suppose the value of the S&P 500 Stock Index is currently $2,850. 1.15 a. If the one-year T-bill rate is 3.3% and the expected dividend yield on the S&P 500 is 2.6%, what should the one-year maturity futures price be? (Do not round intermediate calculations. Round your answer to 2 decimal places.) points Futures price eBook References b. What would the one-year maturity futures price be, if the T-bill rate is less than the dividend yield, for example, 1.6%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Futures price
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