Points: 1 21 You are trying to calculate the value today, of a share of Hot Spot Co. The firm is decreasing its annual dividend, paid in one year from today, to $6.45, and is setting a policy for the dividend to decrease by 2% annually thereafter. Assume the required rate of return is 23%. D $23.80 B $25.28 $25.80 D $31.33 19 Little Friskies has an option that has a strike price of $26.20 and expires today. The value of the stock today is $30.38. When the option was quoted at $3.22, you purchased twenty Little Friskies call option contracts. What is your total profit or loss on your investment? A $1,920 B $2,910 $6,230 D $8,360