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The one - year futures price on a particular stock - index portfolio is 1 , 1 2 4 . 9 1 , the stock

The one-year futures price on a particular stock-index portfolio is 1,124.91, the stock index currently is 1,116, the one-year risk-free interest rate is 2.61%, and the year-end dividend that will be paid on a $1,116 investment in the index portfolio is $13.73.By how much is the contract mispriced?
future price - parity price

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