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Consider an asset that lasts for two periods. At the end of each period, it pays a dividend to its owner. In the table below

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Consider an asset that lasts for two periods. At the end of each period, it pays a dividend to its owner. In the table below a list of parameters for such a case is provided. What would be competitive equilibrium price and allocation for this case?

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Period 2 Initial Trader Period 1 Dividend Dividend Initial Shares Cash 600 250 5000 600 250 5000 600 250 5000 UA W N - NNNN NN 200 500 5000 200 500 5000 6 200 500 5000

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