The Second National Bank is offering a two-year equity-inked CD product based on the S&P 500 index. The current level of the S&P 500 index is 3,000. The customer will deposit $1,000 at time 0 and is guaranteed the return of their initial investment at time 2. The customer will participate in any upside appreciation in the S&P 500 index over the two-year period at a fract R