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The following information is available on a futures contract on stock index: stock index is currently 1123, risk-free rate is 6.6%, annual dividend yield on
The following information is available on a futures contract on stock index: stock index is currently 1123, risk-free rate is 6.6%, annual dividend yield on stock index is 1.5%, contract duration is 4 years. Futures price of stock index is closest to:
1370 | ||
1406 | ||
1483 | ||
1450 |
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