The following information corresponds to Question 13 and 14 An investor enters a short position in the S&P 500 E-mini futures contract that will expire in three months. The S&P 500 index is currently trading at St = $3,688.02. In terms of specifications, the contract corresponds to 50 times the S&P 500 index. Additionally, the initial and maintenance margins are, respectively, $12,100 and $11,000. Finally, the futures is currently trading at Ft(T) = $3,683.50. Given this information, address the following two questions. 13. Suppose that the annual dividend yield is q = 1%, what is the implied annual risk-free rate r? (a) 0.0049 (b) -0.0049 (c) 0.0051 (d) -0.0051