The S&P 500 index is at 1,371.00, the continuously compounded risk-free rate is 5.12 percent, time to

Question:

The S&P 500 index is at 1,371.00, the continuously compounded risk-free rate is 5.12 percent, time to expiration is 55 days, and futures price is1,376.42. Assuming the futures price is equal to its theoretical fair price and the underlying has a continuously compounded yield, solve for the implied yield? Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...