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The current level of the S&P 500 is 1.200. The dividend yield on the S&P 500 is 2 5%. The risk-free interest rate is 1.0%

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The current level of the S&P 500 is 1.200. The dividend yield on the S&P 500 is 2 5%. The risk-free interest rate is 1.0% What should a futures contract with a one-year maturity be selling for? (Do not round intermediate calculations.)

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