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The 4-month forward price on the Russell 2000 index is 5,500. The index is currently trading at 5,430. What is the annualized forward premium? Round

The 4-month forward price on the Russell 2000 index is 5,500. The index is currently trading at 5,430. What is the annualized forward premium? Round to the nearest 0.01, in percentage terms?

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