USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 105

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. If the futures contract was currently available for 1350, calculate the arbitrage profit.

• A) $8.33
• B) $28.45
• C) $45.67
• D) $50.00
• E) $54.33

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Definitions:

Ethical Leaders

Individuals who lead by example, demonstrating ethical behavior in their decision making and interactions, fostering trust and integrity within their teams or organizations.

GLOBE Model

A framework in organizational behavior that describes, understands, and predicts the impact of cultural variables on leadership and organizational processes across different nations.

Global Leadership

The ability to lead and manage effectively across cultures and international boundaries.

Organizational Behavior Effectiveness

The study of how individuals and groups act within organizations, aiming to improve organizational efficiency and effectiveness.