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The price of the S&P 500 index today is $3,000. The dividend yield is five percent. The c.c. risk-free rate is zero percent. Assume there
The price of the S\&P 500 index today is $3,000. The dividend yield is five percent. The c.c. risk-free rate is zero percent. Assume there is no arbitrage. What is the one-year forward price of the S\&P 500 index? (Round to Three decimal places)
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