The futures price quote for contract

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The current level of the S&P 500 is 1,500. The dividend yield on the S&P 500 is 7%. The risk-free interest rate is 8%. The futures price quote for a contract on the S&P 500 due to expire 6 months from now should be __________.

A) 1,513.20

B) 1,530.16

C) 1,525.62

D) 1,507.48

Reference no: EM13922186

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