The S&P/ASX200 Spot Contract Is at 4310,and Has a Dividend $-15.01$

question 25

Multiple Choice

The S&P/ASX200 spot contract is at 4310,and has a dividend yield of 8% p.a.The risk-free rate is 5% and the SPI futures price is currently trading at 4710.Given this information,calculate the amount by which the futures contract is mispriced according to the cost-of-carry model.

• A) \( -15.01 \)
• B) \( 98.25 \)
• C) \( 144.99 \)
• D) \( 368.00 \)

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Definitions:

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