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A US stock paying a $20 dividend in two months is trading at $2,000. Assume the US interest rate is 5% with continuous annual compounding.
A US stock paying a $20 dividend in two months is trading at $2,000. Assume the US interest rate is 5% with continuous annual compounding. (a). If the dividend is instead paid in three months, the three-month forward price will
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
