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The one-year futures price on a particular stock-index portfolio is 1,840, the stock index currently is 1 ,800, the one-year risk-free interest rate is 3.5%,

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The one-year futures price on a particular stock-index portfolio is 1,840, the stock index currently is 1 ,800, the one-year risk-free interest rate is 3.5%, and the year-end dividend that will be paid on a $1, By how much is the contract mispriced? (Input the amount as positive value.) The futures price is $ 800 investment in the index portfolio is $1 (Click to select) its "proper" or parity value. Worksheet Learning Objective: 17-02 Formulate futures market strategies for hedging or speculative purposes

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