Explain data displayed in the financial market

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The following data are displayed in the financial market: Spot price on Walmart stock = $59; Expiration of the futures contract = one year; Interest rate = 6 percent per year; Walmart stock is expected to pay $1 dividends per share twice a year, three months from today and nine months from today, respectively. get the fair value of stock index future

Reference no: EM13215843

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