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The S&P 500 Index is at 4100 now. Assume a continuously compounding interest rate on dollar at 1% and a continuously compounding dividend yield on
The S\&P 500 Index is at 4100 now. Assume a continuously compounding interest rate on dollar at 1% and a continuously compounding dividend yield on the stock index at 3%. What should be the 3-year futures level on the index? (Round to 2 decimals)
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