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Consider a stock index at 985.12 that is expected to pay a dividend of $4.5...

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Finance

Consider a stock index at 985.12 that is expected to pay a dividend of $4.5 in 10 days and $4.95 in 100 days. What is the price of a futures contract on the index that expires in 120 days? The risk-free rate is 2.5%.

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