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Question
The S&P 500 Index is priced at $950.46. The annualized dividend yield on the index is 1.40%. The continuously compounded annual interest rate is 8.40%. What is the price of a forward contract that expires 9 months from today?A) $937.48
B) $942.66
C) $984.36
D) $1001.69
Answer
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Related questions
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