USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 123

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
The S&P 500 stock index is at 1300. The annualized interest rate is 4.0 percent, and the annualized dividend is 2 percent. You are currently considering purchasing a two-month futures contract for your portfolio.
-Refer to Exhibit 15.12. Calculate the current price of the futures contract.

• A) 1295.66
• B) 1304.34
• C) 1342.75
• D) 1379.29
• E) 1393.49

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Definitions:

Monozygotic Twins

Identical twins formed when one zygote splits into two separate masses of cells, each of which develops into a separate embryo.

Dizygotic Twins

Often called fraternal twins, occurring when two individual eggs get fertilized by separate sperm, resulting in two zygotes in the uterus at the same time.

Mitosis

A process of cell division in eukaryotic cells that results in two genetically identical daughter cells from a single parent cell, essential for growth and tissue repair.

Behavioral Genetics

Field of study devoted to discovering the genetic bases for personality characteristics.