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Suppose the CAC-40 Index (a widely followed index of French stock prices) is currently at 5,533, the expected dividend yield on the index is 2

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Suppose the CAC-40 Index (a widely followed index of French stock prices) is currently at 5,533, the expected dividend yield on the index is 2 percent per year, and the risk-free rate in France is 4.3 percent annually. If CAC-40 futures contracts that expire in four months are currently trading at 5,548, what program trading strategy would you recommend? The futures are and you would want to and

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