The S&P/ASX200 Spot Contract Is at 4310,and Has a Dividend $-15.01$

Multiple Choice

The S&P/ASX200 spot contract is at 4310,and has a dividend yield of 8% p.a.The risk-free rate is 5% and the SPI futures price is currently trading at 4710.Given this information,calculate the amount by which the futures contract is mispriced according to the cost-of-carry model.

A) $-15.01$
B) $98.25$
C) $144.99$
D) $368.00$