The correct answer is 1015, but I don't know how to get it. Please explain. Thank you!

Question 16 1 / 1 point The next few questions relate to the following information. The information will be repeated on each page. You manage a well-diversified stock portfolio worth $10 million with a beta of 1.27 and you want to hedge your portfolio over the next 4 months using a 6-month futures contract on the LMC Index. The LCM Index currently has a value of 1,000. A futures contract on the LMC Index is for the delivery of $250 times the futures value. The risk free rate is 6% per annum continuously compounded and the index pays a dividend of 3% per annum. Question: What is the futures index value today? 1,000 1,015 1,030 1,045