Futures contract on russell index corp


Question:

The stock of Russell Index Corporation is currently selling for $530.88 per share. The risk-free rate is 1.35% per quarter and it will not change for at least next six months. Russell Index Corp has an ordinary dividend yield of .25% per quarter. Ignoring marking to market, what should be the futures price for the futures contract on Russell Index Corp maturing in three months?

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Finance Basics: Futures contract on russell index corp
Reference No:- TGS02061905

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