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The risk-free rate of interest is 7% per annum with continuous compounding, and the dividend yield on a stock index is 3.2% per annum. The
The risk-free rate of interest is 7% per annum with continuous compounding,
and the dividend yield on a stock index is 3.2% per annum. The current value of
the index is 150. What is the 6-month futures price?
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