The S&P 500 Index is priced at $950.46.The annualized dividend yield on the index is 1.40%.The continuously compounded annual interest rate is 8.40%.What is the price of a forward contract that expires 9 months from today?
A) $937.48
B) $942.66
C) $984.36
D) $1001.69

Question

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The Answer of The S&P 500 Index is priced at $950.46.The annualized dividend yield on the index is 1.40%.The continuously compounded annual interest rate is 8.40%.What is the price of a forward contract that expires 9 months from today?
A) $937.48
B) $942.66
C) $984.36
D) $1001.69

The S&P 500 Index Is Priced at $950