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You are about to enter into a six-month futures contract on S&P500. You realize that S&P500 level today is $3,440 today. The relevant interest
You are about to enter into a six-month futures contract on S&P500. You realize that S&P500 level today is $3,440 today. The relevant interest rate is 5% APR...... After some calculations, you estimate a continuous dividend yield of 3%. Based on the information provided, what should be the price of this futures contract? *Round your answer to the nearest three decimals if needed. *Do not type the $ symbol.
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