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You are researching data on a stock futures contract and want to determine the futures price on it. You pull together the necessary data to

You are researching data on a stock futures contract and want to determine the futures price on it. You pull together the necessary data to make the analysis, the current stock index is trading at 1123, the annual risk-free rate is %, and the annual dividend yield on the stock index is 1.5% . If duration of the contract is 4 years, what is the futures price of the index?

1406

1370

1483

1450

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