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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

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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 $1,800 investment in the index portfolio is $17. 1.25 points By how much is the contract mispriced? (Input the amount as positive value.) The futures price is below its "proper" or parity value. eBook References 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 $1,800 investment in the index portfolio is $17. 1.25 points By how much is the contract mispriced? (Input the amount as positive value.) The futures price is below its "proper" or parity value. eBook References

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