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The maple for a futures contract on a certain stock marvet Index is $250. The maturity of the contract is one year, the current level

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The maple for a futures contract on a certain stock marvet Index is $250. The maturity of the contract is one year, the current level of the index is 1700, and the risk tree interest rate is 0.45 percnm. The dividend ved on the index is 0.2% per month. Suppose that after one month, the stock Index is at 1.730 a. Find the cash flow from the mark to market proces on the contract. Assume that the party condition always holds exactay. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Cashflow b. Find the holding period return it the initial margin on the contract is $25.000. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Holding period return

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