The Current Level of the S&P 500 Is 1,250

question 21

Multiple Choice

The current level of the S&P 500 is 1,250. The dividend yield on the S&P 500 is 3%. The risk-free interest rate is 6%. The futures price quote for a contract on the S&P 500 due to expire 6 months from now should be ________.

• A) 1,274.33
• B) 1,286.95
• C) 1,268.61
• D) 1,291.29