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The value of the S&P 5 0 0 index today is $ 4 2 9 9 . 7 0 . The annualized 6 - month

The value of the S&P $500$ index today is $ $4299.70 .$ The annualized $6 -$ month interest rate is $5.896 % .$ What is the price of a $6 -$ month forward contract on the S&P $500$ index?

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Question

The value of the S&P 5 0 0 index today is $ 4 2 9 9 . 7 0 . The annualized 6 - month

The value of the S&P 500 index today is $4299.70. The annualized 6-month interest rate is 5.896%. What is the price of a 6-month forward contract on the S&P 500 index?

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The value of the S&P $500$ index today is $ $4299.70 .$ The annualized $6 -$ month interest rate is $5.896 % .$ What is the price of a $6 -$ month forward contract on the S&P $500$ index?